Latin Trade Group gathered a select group of financial directors and executives in Monterrey at the beginning of September for a CFO forum. Among the guests, Carlos Capistran, chief economist for Mexico at Bank of America Merrill Lynch, shared his outlook on the Mexican economy.
Here are the main points from his presentation:
* Mexico is the best-prepared country in Latin America to deal with economic difficulties.
* Mexico s debt, which is now mostly in pesos, improves the country's prospects for avoiding a crisis in the event of a devaluation.
* Made-in-Mexico products will likely see a rise in consumption due to the...