Mexico IPC Rebounds Toward 70,000 as Peso Holds Near 2024 Highs

Mexico’s S&P/BMV IPC index extended its recovery on Tuesday, climbing approximately 1% as buyers returned following last week’s sharp correction from record highs reached on January 29. The benchmark is now testing the 69,700-level as investors position cautiously ahead of Banco de México’s interest rate decision on Wednesday, while the Mexican peso consolidated near its […]