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Economy & Business - July 2024

Mexico’s Sheinbaum gets off to a good start with private sector

As the scale of the victory of the leftist Movimiento Regeneración Nacional (Morena) party in Mexico’s presidential elections on 2 June became clear, investors expressed acute concern: both the Mexican stock market’s IPC index and the peso fell to lows not seen since last year, with market jitters continuing into July.

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