Go ahead, sell the peso; Mexico doesn’t care

Bloomberg – By most traditional economic gauges, little is going right today for Mexico. Growth is sluggish, oil exports are falling and credit markets have started to dry up. Yet beneath the surface, a surprising and little-understood transformation is ushering in one of the country’s most important developments in years: the peso’s age-old link with inflation has been broken.

http://www.bloomberg.com/news/articles/2015-11-24/go-ahead-sell-the-peso-mexico-doesn-t-care-what-you-do-anymore

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