Mexico’s Financial sector could use a miracle. The odds have been against the struggling industry ever since a currency devaluation in the mid-1990s sent the banking sector into turmoil and capital markets plummeted. A slow road to recovery remains the most likely prospect but ever since Vicente Fox was elected Mexico’s new president the country seems to be alive with possibility.
The country’s once staid political climate has suddenly turned interesting since the charismatic new president-elect swept to a surprise victory in a July 2 presidential vote.
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