Fiscal Balance, pesos

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Aug 30, 19:30  Fiscal Balance, pesos -189.35B -40.58B

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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