Newsletter March 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)

MAR / FEB / JAN

Exchange Rate: MXN to USD

15.2647 / 14.9553 / 14.9885

Exchange Rate: MXN to EUR

16.3943 / 16.7843 / 16.9940

Exchange Rate: MXN to CAD

12.0207 / 11.9446 / 11.8022

Exchange Rate: MXN to GBP

22.9054 / 23.3398 / 22.6532

Country Risk (basis points)

198 / 181 / 211

Bolsa (IPC BMV)

43,724.78 / 44,190.17 / 40,950.58

Cetes 28d

3.02% / 2.90% / 2.75%

Inflation

3.00 % 3.07% / 4.08%

UDIs

5.297787 / 5.285098 / 5.286527

IMCE IMCP BURSAMETRICA (Economic Confidence)

69.71 / 71.19 / 70.40

International Reserves (M USD)

$195,375.2 / $195,646.9 / $196,010.5

Graphical Summary of Key Mexico Statistics at:

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

“The most valuable thing you can make is a mistake- you can’t learn anything from being perfect.”- Adam Osborne.