1. An overvalued peso makes it more difficult for the company to make a name for itself while competing with established international players in the U.S. market. 2. A cheaper peso makes Mexican stocks less valuable and raises the likelihood of higher interest rates. 3. A falling peso makes Mexican stocks worth less in dollar terms and can force inflation and interest rates higher. 4. A cheaper peso makes Mexican stocks worth less in dollar terms. 5. A rising peso makes Mexican stocks worth more in dollar terms and can curb inflation, which might enable the Bank of Mexico to cut local borrowing costs. 6. A rising peso makes Mexican stocks more valuable and reduces the need for the Bank of Mexico to raise local money market rates to boost its value. 7. A strong peso has made their products less competitive in some markets. 8. A stronger peso makes Mexican equities more valuable in dollar terms, while falling U.S. interest rates often allow Mexico to reduce local borrowing costs. 9. A stronger peso makes Mexican stocks less valuable. 10. A stronger peso makes Mexican stocks more valuable in dollar terms and can help to reduce inflation by making imported products cheaper. |