Get an overview of the main financial indicators of the Mexican economy for the May - July 2012 period.

1. Key Mexico
Statistics
May - July 2012
Nuricumbo + Partners
Audit • Finance • Risk • Strategy • Business Development

2. Outline
1 Exchange Rates
2 Country Risk
3 Mexican Stock Exchange
4 Securities Market
5 Inflation Rate
6 Investment Unit (UDI)
7 International Reserves

3. Exchange Rates
31/05/12 29/06/12 31/07/12 31/05/12 29/06/12 31/07/12
$13.9169 13.6652 $13.2883 $ 17.7435 $ 16.8678 $ 16.3132
$14.70
€18.30
$14.20
€17.80
$13.70
€17.30
$13.20 €16.80
$12.70 €16.30
$12.20 €15.80
May June July May June July
31/05/12 29/06/12 31/07/12 31/05/12 29/06/12 31/07/12
$22.1452 $21.0160 $21.0329 $13.8236 $13.1596 $13.2503
£23.20 $14.40
£22.40 $13.90
£21.60
$13.40
£20.80
£20.00 $12.90
£19.20 $12.40
May June July May June July
Note: Mexican Pesos per Currency
Source: Mexican Central Bank, www.banxico.org.mx, 2012

4. Country Risk
The Country Risk indicates the possibilities
that an emerging country has to fail on the
fulfillment of its obligations over external Country Risk
debt payments, whether for capital or
250
interests. The higher the Country Risk, the
higher the possibility to get a “default”. 206
200 180
It is composed of three main sources: 147
150
• Sovereign Risk
100
• Transfer Risk
50
• Generic Risk
It is measured through the use of the 0
Emerging Markets Bond Index (EMBI) May June July
created by J.P. Morgan Chase.
Note: Basis points
Source: www.economia.com.mx, 2012

5. Mexican Stock Exchange
The Mexican Stock Exchange (BMV) is a
public institution that operates under a
concession granted by the Ministry of Price and Market Rates Index
Finance (SHCP), observing the Mexican (IPC)
Securities Law. 41,000 40,704.28
40,500 40,199.55
Given the world tendencies and legislation 40,000
changes, the BMV has already started its 39,500
demutualization process, but up to this date 39,000
its shareholders are authorized brokerage 38,500
firms, which own one share each. 38,000 37,677.87
37,500
Marketable Securities 37,000
• Capitals Market (Stocks, Fibras) 36,500
36,000
• Capital Development Market (CKDes)
• Debt Market May June July
(Government, Short, Medium and Long 31st 29th 31st
Term Debt).
Source: Mexican Stock Exchange (BMV), http://www.bmv.com.mx/, 2012

6. Securities Market
The Mexican Central Bank (Banxico) carries Government Securities
out operations in the securities market in Auction’s Monthly Results
order to regulate the liquidity of Mexico’s (Cetes 28-days)
financial system. 4.50% 4.44%
It also undertakes primary auctions of 4.40%
securities for the government and other 4.30% 4.27%
public sector entities, and issues regulations
on several financial operations of financial 4.20%
intermediaries. 4.09%
4.10%
Cetes 28 4.00%
Zero coupon bonds denominated in Mexican
Pesos issued by the Mexican Government, in a 3.90%
28-days period. May 31stJune 29th
July 31st
Source: Mexican Central Bank, www.banxico.org.mx, 2012

7. Inflation Rate
Yearly Inflation Rates per
Inflation can be defined as a continuous and Month
5.00%
widespread increase in goods and services 4.50% 4.34%
4.00% 3.85%
prices. 3.41%
3.50%
3.00%
The Consumer Price Index (CPI) is the
2.50%
statistical instrument that calculates inflation 2.00%
1.50%
by continuously measuring the price changes
1.00%
of households’ representative basket of 0.50%
goods and services. 0.00%
May June July
Source: Mexican Central Bank, www.banxico.org.mx, 2012

8. Investment Unit (UDI)
Investment Unit (UDI)
The Investment Unit (Unidad de 4.770000 4.767651
4.765000
Inversion, UDI) is the factor (value) to be 4.760000
applied to the acquisition of mortgages. 4.755000
4.750000
The Mexican Central Bank is the responsible 4.745000 4.742666
4.740293
4.740000
authority to publish at the Mexico’s Official 4.735000
Gazette its value in Mexican Pesos for each 4.730000
4.725000
day of the month.
May June July
31st 29th 31st
Source: Mexican Central Bank, www.banxico.org.mx and Ministry of Finance, www.sat.gob.mx, 2012

9. International Reserves
Known as financial assets invested abroad by
the Mexican Central Bank that can easily be International Reserves
converted in means of payment. (Million USD)
$160,000
According to the Mexican Central Bank, the $159,000
$158,918
following concepts are considered as
$158,000
International Reserves: $156,964
$157,000
• Foreign banknotes and coins; $156,000
$155,000 $154,284
• Deposits, securities and stocks payable $154,000
outside of Mexico; $153,000
• Loans by Central Banks payable at no $152,000
longer than six months; $151,000
May June July
• The Special Drawing Rights at the
31st 29th 31st
International Monetary Fund.
Source: Mexican Central Bank, www.banxico.org.mx, 2012

10. Contact
Address: Plateros 16 – 504, San Jose Insurgentes 03900, Mexico City
Tel. Office: + 52 (55) 5339 5839
Mobile: + 52 (55) 5453 6309
E-mail: armando@nuricumbo.com Web: www.nuricumbo.com
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