Investor Presentaiton
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Dec-14
USD strength has impacted global currencies, but the MXN remains underpinned by high rates and other
positive factors
USD/MXN forecast
Pesos per dollar
28
Performance of main currencies in the last 12 months
%
HUF
PLN
MXN
CHF
EUR
2024
GBP
DKK
19.20
CZK
2023:
COP
KRW
17.90
NZD
SGD
BRL
Dec-16
FX performance in 2022
Dec-18
Dec-20
Dec-22
Dec-24
PEN
SEK
CAD
AUD
%
HKD
CLP
Carry Return
(annualized)
דוד
97531135
COP
MYR
HUF
TWD
CLP
INR
ZAR
•
INR
BRL
MXN
JPY
PEN
CNY
JPY
AUD
IDR
IDR
NOK
ARB
GBP
NOK
ZAR
CHF
I
ILS
T
T
T
T
TRY
-12-10 -8 -6 -4 -2 0 2 4 6
8 10 12 14 16 18 20
RUB
19.1
14.1
11.8
10.5
7.7
7.5
7.4
7.3
7.3
6.0
4.8
4.6
4.3
3.7
2.5
0.6
0.4
0.3
-0.1
-0.7
-1.0
-1.1
-1.7
-1.8
-2.0
-3.2
-3.4
-10.6
-33.3
-34.7
Spot return YTD
ARS
-56.8
-80
-60
-40
-20
0
20
40
Source: Banorte with data from Bloomberg
80
Div
DB
Rev
Dep
Guid
ESG
GRUPO FINANCIERO
TI
LD
Loan
BAP
Eco
NIM
NI
ROE
ICAP
Mkt
BANORTE
App
Hist
C/IView entire presentation