Interest Rates in Mexico : The Role of Exchange Rate Expectations and International Creditworthiness /

This paper explores how interest rates on domestic financial assets in Mexico are linked to expectations of exchange rate changes and to perceptions about the default risks contained in Mexico's external debt. It is shown that the interest rate differentials between peso- and U.S. dollar-denomi...

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Bibliographic Details
Main Author: Khor, Hoe
Other Authors: Rojas-Suarez, Liliana
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1991.
Series:IMF Working Papers; Working Paper ; No. 1991/012
Online Access:Full text available on IMF