• Asks about effects of higher crude prices on Mexico given its dual role as oil producer and consumer.
    Dani
  • Minister of Finance
    Mexico has relatively balanced fiscal effect from oil prices - exports oil but imports energy, resulting in near-neutral impact.
  • Asks at what price level or duration oil needs to stay elevated to change energy strategy.
    Dani
  • Minister of Finance
    Futures markets indicate current oil price spike will be relatively short-lived and temporary.
  • Minister of Finance
    Peso has been strong performer over last 12 months; recent pullback is modest relative to energy price situation.
  • Minister of Finance
    Bond markets have held relatively stable compared to last year; facing relatively stable currency and bond markets.
  • Asks about confidence in USMCA extension given ongoing preliminary review.
    Dani
  • Minister of Finance
    Confident USMCA will be extended; Mexico became US's largest trading partner last year.
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