Title Interest rates in Mexico : the role of exchange rate expectations and international creditworthiness / prepared by Hoe E. Khor and Liliana Rojas-Suarez

Published [Washington, D.C.] : International Monetary Fund, Research and Western Hemisphere Departments, 1991

Click on the following:
IMF eLibrary

Copies

Description 1 online resource (iii, 25 pages) : illustrations Series IMF working paper ; WP/91/12 IMF working paper ; WP/91/12 Summary This paper explores how interest rates on domestic financial assets in Mexico are linked to expectations of exchange rate changes and to perceptions about the default risks contained in Mexicos external debt. It is shown that the interest rate differentials between peso- and U.S. dollar-denominated domestic assets reflected some concerns about the exchange rate policy during the period under study. In addition, the evidence suggests that the interest rate on a U.S. dollar-denominated Mexican domestic asset is linked (i.e., cointegrated) to the yield implicit in the secondary market price for external debt issued by Mexico Bibliography Includes bibliographical references (pages 24-25) Notes Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL English digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL Print version record Subject Interest rates -- Mexico Interest rates. Mexico. Form Electronic book Author Rojas-Suárez, Liliana, author International Monetary Fund, issuing body ISBN 145522006X 9781455220069 1462380360 9781462380367

  Permalink