Latest / The Emerging Markets Podcast with Fexingo: Developing Economies, Growth, and Investment
Mexico Nearshoring Hits a Wall as the Peso Strengthens
Lucas and Luna examine how Mexico's nearshoring boom is being challenged by a strengthening peso and rising costs. With the peso up over 8% against the dollar in 2026, Lucas explains why foreign manufacturers are hitting a profitability wall that could shift supply chains to other emerging markets. They discuss specific data points from the iShares MSCI Mexico ETF (EWW), which is up 0.8% in the last five days, and the trade-weighted dollar index hitting 119.3. The conversation explores whether Mexico can sustain its manufacturing momentum or if other countries like India or Vietnam will…
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