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Topic: Business
Number of pages / Number of words: 6 / 1544
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Also, more of dollar-denominated tesobonos were issued aggressively instead of peso-denominated cetes. This was likely due to investors being more willing to hold tesobonos as they will be covered against the risks of devaluation and also lower interest rate for tesobonos than cetes. This was an indication that there was a loss in confidence for peso (i...


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This was an indication that there was a loss in confidence for peso (i.e. people expected that the peso will devaluate to a point that even the differential in interest will not be able to cover and so were unwilling to hold on to peso-denominated bonds).

4. Declining Real GDP Growth

The Mexico's inflation rate was really not in control as promised by the Mexican government...


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Just A Dollar Kennedy's True Initiative in Times of Crisis: The Cuban Missile Crisis senor 1994 Mexican Currency Crisis Dollar General - HBS Dollar vs. Euro How Did The Appreciation Of The U.S Dollar And Depreciation Of The Yuan Affect The Timing And Magnitude Of The Asian Currency Crisis? Mexican Peso Crisis Mexican Peso TEQUILA SENOR : THE MEXICAN PESO CRISIS Tequila crisis The Decline of The Peso: The Argentina Crisis Tourism in Post-Crisis is Tourism in Pre-Crisis: A Review of the Literature on Crisis Management in Tourism The Decline Of The Dollar Social Issued of America

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