The peso is down 5.9% since the banking crisis started on March 9, the worst performing among 23 major emerging-market currencies tracked by Bloomberg over that period
In Mexico, the mid-month consumer price report should underscore the obvious: inflation is elevated, well over target and sticky as the headline rate hovers near 7.8% while core readings continue to run above 8%
Polina Kurdyavko, head of emerging markets at Bluebay Asset Management, said she prefers debt from companies with stable profit margins and consistent cash flows — such as hydro utilities in Latin America and certain quasi-sovereign credits with state support
