Investors impatient for Mexican progress, Banxico urges patience

Investors impatient for Mexican progress, Banxico urges patience

Capital markets participants need to be patient to see the benefits of Mexico’s structural reforms, Ana Maria Aguilar, director of economic studies at Banco de Mexico, said on Thursday. The comments came amid rising concerns rise that the impact of structural reforms by the government of Enrique Pena Nieto would not be felt for some time — despite international investors being enthusiastic about the prospects for higher growth and increased competitiveness. “I agree that 2014 is going to be a tr

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