traderspoc Posted July 31, 2019 Report Share Posted July 31, 2019 President Donald Trump is not the only one who wants a weaker U.S. dollar in order to help American exporters compete with China. A pair of senators will introduce a bipartisan bill on Wednesday to lower the value of the U.S dollar through a tax on foreign investments. https://finance.yahoo.com/news/new-bill-aims-to-weaken-us-dollar-and-fight-back-against-currency-manipulation-102828031.html i do not have a crystal ball, when or if this may happen. but a weaker dollar means a stronger peso. are we going back to around 15 peso to the dollars in the next two years Quote Link to comment Share on other sites More sharing options...
Jreboll Posted July 31, 2019 Report Share Posted July 31, 2019 We may, but, Mexico which depends on exports to US may also weaken the peso to stay competitive. Quote Link to comment Share on other sites More sharing options...
johanson Posted July 31, 2019 Report Share Posted July 31, 2019 I asked the president of the Mexican bank I use in Ajijic, what she thought would happen. She suggested that there could be some variation but over time the exchange rate should be close to what it is now. Quote Link to comment Share on other sites More sharing options...
AlanMexicali Posted July 31, 2019 Report Share Posted July 31, 2019 On 7/31/2019 at 8:01 AM, Jreboll said: We may, but, Mexico which depends on exports to US may also weaken the peso to stay competitive. https://www.google.com/amp/s/www.jornada.com.mx/amp/fmi-rebaja-prevision-del-pib-de-mexico-por-cambio-de-politicas-3560.html Google Translation: "IMF lowers Mexico's GDP forecast due to policy changes In 2019 the economy will grow 1.6%, half a percentage point less than forecast; next year it will be 1.9, he reported. Apr 09, 2019, 08:36 The IMF released its semiannual report "Panorama of the world economy", at the beginning of the Spring Meeting held in Washington. Afp photo The International Monetary Fund (IMF) reduced on Tuesday the forecast of growth of the Mexican economy for 2019 and 2020, in a review motivated by the change of perception in the direction of public policies under the new government. In 2019, Mexico's gross domestic product (GDP) - the broadest measure of economic performance - will grow 1.6 percent, half a percentage point less than expected in January and 0.9 points below the forecast for last October, the IMF reported. By 2020, the growth will be 1.9 percent, lower by 0.3 and 0.8 points compared to last January and October forecasts, the agency added, in its semiannual World Economic Outlook report, announced at the beginning of the Meeting of Spring, which takes place in Washington. In the case of Mexico, growth is now expected to remain below 2 percent per year for the period of 2019 and 2020, a decrease close to a percentage point compared to last October's forecasts, the report said. "This change, in part, reflects the change in perceptions regarding the direction of policies under the new administration" of President Andrés Manuel López Obrador, which began in December 2018. https://countryeconomy.com/gdp/mexico?year=2016 "Mexico: GDP increases 2.9% 2016 Gross Domestic Product of Mexico grew 2.9% in 2016 compared to last year. This rate is 4 -tenths of one percent less than the figure of 3.3% published in 2015. The GDP figure in 2016 was $1,077,830 million, Mexico is number 15 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Mexico dropped $92,740 million with respect to 2015. The GDP per capita of Mexico in 2016 was $8,815, $859 less than in 2015, when it was $9,674. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2006 when the GDP per capita in Mexico was $8,997." The downturn of the Mexican economy will effect the exchange rate in a negative way. IMO Quote Link to comment Share on other sites More sharing options...
Jreboll Posted July 31, 2019 Report Share Posted July 31, 2019 All the world’s economies are experiencing hardships, including the US. You seem to dwell on Mexico’s economic problems when the rest of the world isn’t doing much better. All these trade wars and currency manipulations cause problems for everyone and persons like you are the rebel rousers who take advantage to promote their political agenda. Quote Link to comment Share on other sites More sharing options...
AlanMexicali Posted July 31, 2019 Report Share Posted July 31, 2019 Annual GDP Mexico Date Annual GDP GDP Growth (%) 2016 1,077,830M.$ 2.9% 2015 1,170,570M.$ 3.3% 2014 1,314,570M.$ 2.8% 2013 1,274,440M.$ 1.4% 2012 1,201,090M.$ 3.6% 2011 1,180,490M.$ 3.7% 2010 1,057,800M.$ 5.1% 2009 900,047M.$ -5.3% Quote Link to comment Share on other sites More sharing options...
Jreboll Posted July 31, 2019 Report Share Posted July 31, 2019 United States GDP Growth Rate | 2019 | Data | Chart | Calendar | Forecast Quote Link to comment Share on other sites More sharing options...
AlanMexicali Posted July 31, 2019 Report Share Posted July 31, 2019 On 7/31/2019 at 12:23 PM, Jreboll said: All the world’s economies are experiencing hardships, including the US. You seem to dwell on Mexico’s economic problems when the rest of the world isn’t doing much better. All these trade wars and currency manipulations cause problems for everyone and persons like you are the rebel rousers who take advantage to promote their political agenda. 2019 2020 2021 2022 Not true! Not close to all counties are effected by what you claim. ZWE 191 Zimbabwe -5.249 3.265 4.165 4.352 4.000 4.000 Africa ZMB 104 Zambia 3.088 2.862 2.851 2.704 2.586 2.485 Africa YEM 143 Yemen 2.057 10.049 8.501 6.664 6.683 3.701 Asia VNM 15 Vietnam 6.500 6.500 6.500 6.500 6.500 6.500 Asia VEN 193 Venezuela -25.000 -10.000 -5.000 -2.000 -1.500 -1.500 South America VUT 105 Vanuatu 3.000 2.800 2.800 2.800 2.800 2.800 Oceania UZB 40 Uzbekistan 5.000 5.500 6.000 6.000 6.000 6.000 Asia URY 149 Uruguay 1.900 3.000 3.000 3.000 3.000 3.000 South America USA 131 United States 2.331 1.871 1.766 1.640 1.615 1.565 North America GBR 168 United Kingdom 1.177 1.402 1.543 1.556 1.587 1.594 Europe ARE 114 United Arab Emirates 2.849 3.322 3.030 2.898 2.799 2.662 Asia UKR 120 Ukraine 2.709 2.990 3.090 3.183 3.300 3.279 Europe UGA 21 Uganda 6.288 6.241 6.129 6.039 6.324 6.725 Africa TUV 59 Tuvalu 4.072 4.380 4.244 4.143 3.894 2.746 Oceania TKM 22 Turkmenistan 6.284 6.036 5.510 5.603 5.701 5.719 Asia TUR 188 Turkey -2.537 2.541 2.961 3.008 3.492 3.501 Europe TUN 118 Tunisia 2.742 3.245 3.500 4.100 4.100 4.100 Africa TTO 180 Trinidad and Tobago 0.008 1.486 2.286 1.979 1.617 1.662 North America TON 50 Tonga 4.553 4.905 3.834 2.870 1.723 1.085 Oceania TGO 37 Togo 5.049 5.300 5.400 5.400 5.400 5.400 Africa TLS 41 Timor-Leste 5.000 4.800 4.800 4.800 4.800 4.800 Asia GMB 32 The Gambia 5.395 5.245 5.023 4.816 4.817 4.781 Africa BHS 141 The Bahamas 2.100 1.600 1.500 1.500 1.500 1.500 North America THA 86 Thailand 3.471 3.546 3.495 3.495 3.556 3.649 Asia TZA 64 Tanzania 3.996 4.209 4.323 4.878 4.873 4.889 Africa TJK 44 Tajikistan 5.000 4.500 4.500 4.500 4.000 4.000 Asia TWN 126 Taiwan Province of China 2.505 2.523 2.427 2.280 2.238 2.119 Asia STP 61 São Tomé and Príncipe 4.000 4.500 5.000 5.000 5.000 5.000 Africa CHE 171 Switzerland 1.058 1.549 1.600 1.600 1.600 1.600 Europe SWE 169 Sweden 1.170 1.777 1.869 2.017 2.015 2.022 Europe SUR 137 Suriname 2.200 2.500 2.100 2.500 3.000 3.000 South America SDN 187 Sudan -2.276 -1.256 -0.664 0.875 1.070 1.507 Africa VCT 136 St. Vincent and the Grenadines 2.255 2.439 2.296 2.308 2.320 2.332 North America LCA 94 St. Lucia 3.319 2.726 2.109 1.539 1.484 1.478 North America KNA 80 St. Kitts and Nevis 3.500 3.500 3.000 2.700 2.703 2.713 North America LKA 81 Sri Lanka 3.500 4.000 4.260 4.470 4.630 4.790 Asia ESP 140 Spain 2.131 1.875 1.748 1.672 1.687 1.648 Europe SSD 2 South Sudan 8.782 5.162 6.938 5.887 6.825 4.971 Africa ZAF 167 South Africa 1.200 1.500 1.800 1.800 1.800 1.809 Africa SOM 82 Somalia 3.500 3.500 3.500 3.500 3.500 3.500 Africa SLB 113 Solomon Islands 2.882 2.760 2.660 2.694 2.778 2.884 Oceania SVN 91 Slovenia 3.387 2.830 2.669 2.290 2.129 2.138 Europe SVK 75 Slovak Republic 3.691 3.460 3.251 3.151 3.051 2.500 Europe SGP 133 Singapore 2.312 2.362 2.500 2.638 2.581 2.568 Asia SLE 31 Sierra Leone 5.428 5.370 5.138 5.136 5.112 5.091 Africa SYC 88 Seychelles 3.431 3.300 4.118 4.000 3.802 3.557 Africa SRB 83 Serbia 3.499 4.000 4.000 4.000 4.000 4.000 Europe SEN 9 Senegal 6.930 7.484 7.085 11.552 10.350 5.983 Africa SAU 152 Saudi Arabia 1.783 2.124 2.234 2.232 2.329 2.349 Asia SMR 173 San Marino 0.787 0.699 0.599 0.499 0.499 0.499 Europe WSM 97 Samoa 3.256 4.647 2.192 2.230 2.239 2.239 Oceania RWA 4 Rwanda 7.800 8.100 8.200 8.000 7.500 7.500 Africa RUS 159 Russia 1.619 1.707 1.650 1.575 1.645 1.645 Europe ROU 103 Romania 3.100 3.000 3.000 3.000 3.001 3.000 Europe COG 30 Republic of Congo 5.448 1.549 1.883 -0.033 1.215 2.228 Africa QAT 122 Qatar 2.643 3.171 3.318 2.661 2.285 2.987 Asia PRI 185 Puerto Rico -1.147 -0.693 -0.775 -0.775 -0.753 -0.753 North America PRT 157 Portugal 1.677 1.500 1.400 1.400 1.400 1.400 Europe POL 71 Poland 3.769 3.138 2.833 2.811 2.772 2.777 Europe PHL 16 Philippines 6.476 6.609 6.737 6.719 6.770 6.785 Asia PER 66 Peru 3.933 3.976 3.957 3.901 3.808 3.760 South America PRY 85 Paraguay 3.490 3.998 3.995 3.993 4.041 4.022 South America PNG 73 Papua New Guinea 3.767 3.150 3.600 3.667 3.768 3.921 Oceania PAN 25 Panama 6.000 5.500 5.500 5.500 5.500 5.500 North America PLW 146 Palau 2.000 2.500 2.200 2.000 2.000 2.000 Oceania PAK 111 Pakistan 2.905 2.813 2.781 2.700 2.620 2.540 Asia OMN 170 Oman 1.098 6.210 2.758 1.234 1.414 1.736 Asia NOR 145 Norway 2.009 1.864 1.759 1.705 1.660 1.670 Europe MKD 106 North Macedonia 3.000 3.100 3.190 3.300 3.400 3.540 Europe NGA 139 Nigeria 2.147 2.536 2.441 2.743 2.551 2.569 Africa NER 14 Niger 6.532 6.006 5.566 11.034 6.798 5.514 Africa NIC 190 Nicaragua -5.000 -0.200 1.100 1.700 2.000 3.000 North America NZL 125 New Zealand 2.519 2.924 2.845 2.520 2.487 2.532 Oceania NLD 151 Netherlands 1.809 1.689 1.489 1.546 1.453 1.487 Europe NPL 13 Nepal 6.536 6.263 4.528 4.475 5.002 5.022 Asia NRU 184 Nauru -1.019 0.085 0.650 1.275 1.665 1.990 Oceania NAM 162 Namibia 1.380 2.027 3.112 3.288 3.264 3.302 Africa MMR 18 Myanmar 6.448 6.593 6.732 6.868 6.934 6.956 Asia MOZ 60 Mozambique 4.000 4.000 4.000 4.000 9.434 11.666 Africa MAR 99 Morocco 3.180 3.827 4.143 4.266 4.389 4.500 Africa MNE 117 Montenegro 2.780 2.520 2.900 3.200 3.200 2.900 Europe MNG 24 Mongolia 6.250 4.949 5.000 4.953 5.685 5.462 Asia MDA 79 Moldova 3.500 3.800 3.800 3.800 3.800 3.800 Europe FSM 166 Micronesia 1.226 0.705 0.710 0.600 0.600 0.600 Oceania MEX 158 Mexico 1.627 1.935 2.356 2.643 2.741 2.740 North America MUS 69 Mauritius 3.860 3.930 4.011 4.011 4.011 4.011 Africa MRT 19 Mauritania 6.354 4.705 5.122 10.409 6.737 8.090 Africa MHL 134 Marshall Islands 2.302 2.005 1.848 1.646 1.246 1.346 Oceania MLT 35 Malta 5.189 4.444 3.756 3.466 3.259 3.156 Europe MLI 43 Mali 5.000 4.900 4.800 4.800 4.800 4.800 Africa MDV 20 Maldives 6.303 5.544 5.516 5.530 5.490 5.520 Asia MYS 47 Malaysia 4.660 4.800 4.840 4.840 4.840 4.840 Asia MWI 63 Malawi 4.000 5.000 5.500 6.000 6.500 6.500 Africa MDG 34 Madagascar 5.193 5.259 5.138 4.854 4.837 4.806 Africa MAC 53 Macao SAR 4.302 4.151 4.126 4.114 4.116 4.135 Asia LUX 121 Luxembourg 2.701 2.754 2.678 2.650 2.595 2.625 Europe LTU 110 Lithuania 2.918 2.628 2.622 2.225 2.185 2.007 Europe LBY 55 Libya 4.270 1.401 1.437 1.473 1.510 1.547 Africa LBR 177 Liberia 0.440 1.553 1.253 -1.264 -0.495 3.750 Africa LSO 68 Lesotho 3.867 0.272 2.776 2.870 2.223 1.706 Africa LBN 163 Lebanon 1.300 1.950 2.500 2.900 3.100 3.250 Asia LVA 100 Latvia 3.166 3.149 3.053 2.991 3.022 3.049 Europe LAO 11 Lao P.D.R. 6.720 6.821 6.781 6.775 6.754 6.760 Asia KGZ 74 Kyrgyz Republic 3.759 3.388 3.779 4.580 3.354 3.354 Asia KWT 129 Kuwait 2.453 2.928 2.888 2.520 2.741 2.880 Asia UVK 57 Kosovo 4.200 4.000 4.000 4.000 4.000 4.000 Europe KOR 124 Korea 2.552 2.849 2.853 2.838 2.936 2.908 Asia KIR 135 Kiribati 2.273 2.324 2.045 1.931 1.940 1.809 Oceania KEN 28 Kenya 5.837 5.937 6.203 6.316 6.017 5.977 Africa KAZ 98 Kazakhstan 3.204 3.208 3.295 3.307 4.553 4.472 Asia JOR 138 Jordan 2.200 2.400 2.600 2.800 3.000 3.000 Asia JPN 172 Japan 0.977 0.450 0.538 0.507 0.526 0.521 Asia JAM 154 Jamaica 1.735 1.912 2.175 2.325 2.350 2.350 North America ITA 179 Italy 0.087 0.909 0.659 0.606 0.582 0.648 Europe ISR 96 Israel 3.300 3.301 3.132 3.111 3.054 2.998 Asia IRN 192 Islamic Republic of Iran -6.005 0.194 0.858 0.967 0.973 1.083 Asia IRL 58 Ireland 4.147 3.448 3.125 2.869 2.671 2.712 Europe IRQ 115 Iraq 2.798 8.124 2.336 2.099 1.833 1.851 Asia IDN 33 Indonesia 5.237 5.172 5.207 5.289 5.307 5.292 Asia IND 8 India 7.257 7.489 7.740 7.731 7.742 7.737 Asia ISL 156 Iceland 1.704 2.902 2.677 2.522 2.524 2.519 Europe HUN 77 Hungary 3.600 2.700 2.400 2.200 2.200 2.200 Europe HKG 119 Hong Kong SAR 2.727 2.998 3.018 3.016 2.960 2.990 Asia HND 93 Honduras 3.360 3.427 3.496 3.566 3.637 3.710 North America HTI 160 Haiti 1.476 1.468 1.512 1.502 1.604 1.594 North America GUY 70 Guyana 3.815 29.580 23.566 12.976 29.672 17.937 South America GNB 42 Guinea-Bissau 5.000 5.000 5.000 5.000 5.000 5.000 Africa GIN 27 Guinea 5.920 6.034 6.000 5.305 4.997 4.957 Africa GTM 84 Guatemala 3.490 3.630 3.800 3.628 3.510 3.500 North America GRD 56 Grenada 4.218 2.405 2.739 2.729 2.685 2.685 North America GRC 130 Greece 2.404 2.158 1.632 1.216 1.238 1.168 Europe GHA 1 Ghana 8.790 5.837 4.430 4.468 5.016 3.778 Africa DEU 174 Germany 0.754 1.440 1.503 1.440 1.304 1.156 Europe GEO 48 Georgia 4.591 5.001 5.200 5.200 5.173 5.200 Europe GAB 101 Gabon 3.145 3.864 4.076 4.482 4.463 4.354 Africa FRA 164 France 1.297 1.413 1.461 1.520 1.529 1.550 Europe FIN 148 Finland 1.943 1.731 1.393 1.257 1.264 1.262 Europe FJI 89 Fiji 3.400 3.300 3.300 3.200 3.200 3.200 Oceania ETH 5 Ethiopia 7.723 7.467 7.040 7.004 6.994 7.004 Africa SWZ 182 Eswatini -0.440 0.160 0.902 1.933 2.187 2.228 Africa EST 108 Estonia 3.000 2.900 2.800 2.800 2.800 2.800 Europe ERI 72 Eritrea 3.768 4.054 4.450 5.001 4.076 4.361 Africa GNQ 189 Equatorial Guinea -3.973 -4.675 -5.140 -5.566 -3.159 1.475 Africa SLV 127 El Salvador 2.500 2.300 2.200 2.200 2.200 2.200 North America EGY 29 Egypt 5.488 5.890 6.000 6.012 5.992 6.044 Africa ECU 183 Ecuador -0.485 0.162 1.205 2.654 2.276 2.105 South America DOM 36 Dominican Republic 5.113 4.990 5.037 5.000 5.000 5.000 North America DMA 3 Dominica 7.989 7.010 4.340 3.782 1.587 1.493 North America DJI 12 Djibouti 6.700 6.000 6.000 6.000 6.000 6.000 Africa DNK 155 Denmark 1.725 1.795 1.632 1.606 1.596 1.631 Europe COD 52 Democratic Republic of the Congo 4.339 4.409 4.477 4.619 4.724 4.867 Africa CIV 6 Côte d'Ivoire 7.479 7.174 6.967 6.737 6.534 6.461 Africa CZE 112 Czech Republic 2.895 2.686 2.512 2.499 2.529 2.517 Europe CYP 87 Cyprus 3.463 3.338 2.902 2.616 2.486 2.378 Europe HRV 123 Croatia 2.620 2.500 2.400 2.200 2.000 2.021 Europe CRI 109 Costa Rica 2.925 2.817 3.016 3.117 3.337 3.537 North America COM 116 Comoros 2.797 2.900 3.101 3.201 3.300 3.300 Africa COL 78 Colombia 3.537 3.649 3.749 3.749 3.749 3.649 South America CHN 23 China 6.267 6.119 6.000 5.750 5.600 5.500 Asia CHL 90 Chile 3.397 3.240 2.995 3.001 2.984 3.042 South America TCD 51 Chad 4.461 6.045 4.932 5.478 4.239 3.835 Africa CAF 38 Central African Republic 5.044 4.952 4.969 5.022 5.040 5.045 Africa CAN 161 Canada 1.458 1.930 1.787 1.637 1.600 1.600 North America CMR 54 Cameroon 4.299 4.736 4.892 5.102 5.313 5.521 Africa KHM 10 Cambodia 6.833 6.733 6.601 6.417 6.216 6.039 Asia CPV 39 Cabo Verde 5.019 4.965 4.993 5.016 5.042 5.017 Africa BDI 178 Burundi 0.419 0.500 0.500 0.500 0.500 0.500 Africa BFA 26 Burkina Faso 5.988 5.988 6.029 6.034 6.000 6.000 Africa BGR 95 Bulgaria 3.300 3.000 2.800 2.800 2.800 2.800 Europe BRN 46 Brunei Darussalam 4.801 6.633 7.601 5.919 3.877 2.191 Asia BRA 144 Brazil 2.055 2.534 2.218 2.218 2.218 2.218 South America BWA 67 Botswana 3.914 4.100 3.994 4.230 5.442 3.866 Africa BIH 102 Bosnia and Herzegovina 3.100 3.200 3.300 3.400 3.500 3.500 Europe BOL 62 Bolivia 4.000 3.900 3.800 3.700 3.700 3.700 South America BTN 45 Bhutan 4.816 6.335 6.016 7.211 7.467 6.521 Asia BEN 17 Benin 6.454 6.526 6.527 6.508 6.483 6.540 Africa BLZ 128 Belize 2.497 2.096 1.788 1.691 1.712 1.687 North America BEL 165 Belgium 1.291 1.390 1.474 1.505 1.518 1.513 Europe BLR 153 Belarus 1.756 2.245 2.122 1.951 2.001 1.998 Europe BRB 181 Barbados -0.098 0.600 1.500 1.840 1.840 1.840 North America BGD 7 Bangladesh 7.289 7.000 7.000 7.000 7.000 7.000 Asia BHR 150 Bahrain 1.845 2.098 2.355 2.447 2.792 2.973 Asia AZE 92 Azerbaijan 3.381 3.075 2.097 1.573 1.495 1.659 Europe AUT 147 Austria 1.976 1.700 1.550 1.460 1.460 1.460 Europe AUS 142 Australia 2.072 2.759 2.762 2.641 2.650 2.638 Oceania ABW 175 Aruba 0.700 0.900 1.100 1.100 1.100 1.100 Africa ARM 49 Armenia 4.556 4.500 4.500 4.500 4.500 4.500 Europe ARG 186 Argentina -1.201 2.164 3.217 3.402 3.649 3.562 South America ATG 65 Antigua and Barbuda 3.982 3.305 2.499 2.000 2.000 2.000 North America AGO 176 Angola 0.444 2.881 2.219 2.962 3.801 3.862 Africa DZA 132 Algeria 2.316 1.777 1.369 1.085 0.387 0.432 Africa ALB 76 Albania 3.664 3.860 3.856 3.963 3.973 3.991 Europe AFG 107 Afghanistan 3.000 3.500 3.997 4.495 4.992 5.489 Asia Quote Link to comment Share on other sites More sharing options...
Jreboll Posted July 31, 2019 Report Share Posted July 31, 2019 You seem to have answered your own question Quote Link to comment Share on other sites More sharing options...
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