Mexico is not part of South America, but of North America, in respect of the current 'crisis' situation. We see the damage for the peso from this current crisis as being modest.
More Quotes from Geoffrey Dennis:
We had a buy on the rumor, sell on the news sort of thing.Geoffrey Dennis
Actually, it's quite cheap now compared to some of the other parts of the world.
Geoffrey Dennis
Interest rates have come down a long way and probably will go down further, ... is managing the peso very well ... and you're clearly getting a quite decent economic recovery now.
Geoffrey Dennis
Colombia has been standing out as a country that is clearly going to pursue the same path going forward ... without a lurch to the left.
Geoffrey Dennis
The markets were wrong in the first place to worry about inflation, ... will not let inflation run out of control.
Geoffrey Dennis
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