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Mexican Peso Overvalued Against US Dollar, Index Suggests

The MND Peso Index™ indicates that the Mexican peso was overvalued by 2.4% against the US dollar in early August, based on a comparison of goods prices in Mexican cities and Dallas, Texas.

12 Aug, 18:20 — 12 Aug, 18:20
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Mexico NewsMixed1d ago

Is the peso punching above its weight? The results of our latest MND Peso Index™

The MND Peso Index™ suggests that the USD:MXN exchange rate in early August — compared against prices for goods in various Mexican cities and in Dallas, Texas — overvalued the Mexican peso by 2.4%. The post Is the peso punching above its weight? The results of our latest MND Peso Index™ appeared first on Mexico News Daily

By MND Intelligence

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