Newsletter January 2015

Dear friends and colleagues,

Please receive our summary of business articles for this month.

With very best regards,

Armando Nuricumbo, CPA

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KEY MEXICO STATISTICS 2015

(Source: Mexico Central Bank)

JAN / DEC / NOV

Exchange Rate: MXN to USD

14.9885 / 14.7414 / 13.8965

Exchange Rate: MXN to EUR

16.9940 / 17.9182 / 17.3039

Exchange Rate: MXN to CAD

11.8022 / 12.7146 / 12.1832

Exchange Rate: MXN to GBP

22.6532 / 23.2971 / 22.0539

Country Risk (basis points)

211 / 182 / 171

Bolsa (IPC BMV)

40,950.58 / 43,145.66 / 44,190.47

Cetes 28d

2.75% / 2.74% / 2.76%

Inflation

4.08% / 4.08% / 4.30%

UDIs

5.286527 / 5.270368 / 5.229056

IMCE IMCP BURSAMETRICA (Economic Confidence)

70.40 / 70.03 / 71.39

International Reserves (M USD)

$196,010.5 / $193,045.0 / $192,966.1

Graphical Summary of Key Mexico Statistics at:

http://www.slideshare.net/nuricua/key-mexico-statistics-november-january-2015

“Chase the vision, not the money; the money will end up following you.”  – Tony Hsieh, Zappos CEO