Remittances: A Vital Support of Love and Dollars Bolstering the Peso, But for How Long?
Pemex, Mexico's state-owned oil company, grapples with financial hurdles, stirring peso stability concerns due to falling production, debt, and government meddling. A potential credit rating downgrade for Pemex could lead to capital outflows, weakening the peso. Nonetheless, an upturn in global oil prices could uplift Pemex's finances and investor