The Mexican Stock Exchange reported its worst month since August 1998

The Mexican Stock Exchange reported its worst month since August 1998, the year in which it accumulated a monthly loss of 29.52 percent, affected by expectations that the upward cycle of interest rates by the Central Banks will continue.

The index of the country's main stock exchange, the S&P/BMV IPC ended this month with a contraction of 6.70 percent, going from 48,144.33 to 44,919.22 points, a decrease of 3,225.1 units.

Carlos Hermosillo, an independent analyst, explained that “the most important thing that has . . .