Mexico IPC: the S&P/BMV IPC fell 0.53% to 65,484 on Friday as the peso weakened past 17 per dollar after hawkish Fed signals.
Key Facts
—The S&P/BMV IPC, Mexico’s main stock index, fell 0.53% to 65,484.32 points on Friday, closing near the low of its range.
—The peso weakened to about 17.03 per US dollar, a drop of roughly 0.4% that took it back through the 17 mark.
—Airport operators led the fall, with GAP down 3.4% and OMA down 1.0% as long-term borrowing costs rose.
—The 10-year government bond yield rose to 9.22%, four hundredths of a percentage point higher on the day.
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