Fiscal Balance, pesos

Date Time Left   Event Impact Previous Consensus Actual
Sep 29, 21:00  Fiscal Balance, pesos -22.56B -13.89B

Fiscal Balance, pesos

The Fiscal Balance released by SCHP is the difference between the amount the government takes in as revenue against its overall spending. Generally speaking, if the reading is negative it means the Mexican accounts are in a surplus and that should be positive (or bullish) for the Peso. On the other hand, a growth in the federal deficit is considered negative (or bearish).

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