Whitepaper: For International Manufacturers in Mexico, A Consistently Weakening Peso is Still a Competitive Advantage, For Now
Ever since Mexico’s Peso crisis of 1994, the value of the Peso against the US Dollar has been sliding. The decline has been gradual, benefitting foreign manufacturers that are buying in Dollars or Euros.
For manufacturers considering setting up Mexico operations, the longtime trend presents competitive advantages over other production locations. But it also brings concerns and complications that no manufacturer should ignore.
A newly released whitepaper examines this key area of concern in Mexico’s manufacturing sector.