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

1. Key Mexico
Statistics
July - September 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
31/07/12 31/08/12 28/09/12 31/07/12 31/08/12 28/09/12
$13.2883 $13.2571 $12.8695 $16.3132 $16.6801 $16.6300
$14.20 €17.30
$13.70
€16.80
$13.20
$12.70 €16.30
$12.20 €15.80
July August September July August September
31/07/12 31/08/12 28/09/12 31/07/12 31/08/12 28/09/12
$21.0329 $21.2573 $21.0704 $13.2503 $13.4264 $13.0770
£22.40 $14.40
$13.90
£21.60
$13.40
£20.80
$12.90
£20.00 $12.40
July August September July August September
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
150 147
interests. The higher the Country Risk, the
higher the possibility to get a “default”. 145
141
It is composed of three main sources: 140
135
• Sovereign Risk
130 127
• Transfer Risk
125
• Generic Risk 120
It is measured through the use of the 115
Emerging Markets Bond Index (EMBI) July August September
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 40,866.46
40,704.28
Given the world tendencies and legislation 40,500
changes, the BMV has already started its
demutualization process, but up to this date 40,000
its shareholders are authorized brokerage
39,421.65
firms, which own one share each. 39,500
Marketable Securities 39,000
• Capitals Market (Stocks, Fibras)
38,500
• Capital Development Market (CKDes)
• Debt Market July August September
31st 31st 28th
(Government, Short, Medium and Long
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. 4.16% 4.15%
4.15%
It also undertakes primary auctions of 4.14%
securities for the government and other 4.13% 4.12%
public sector entities, and issues regulations 4.12%
on several financial operations of financial 4.11%
intermediaries. 4.10% 4.09%
4.09%
Cetes 28 4.08%
Zero coupon bonds denominated in Mexican 4.07%
Pesos issued by the Mexican Government, in a 4.06%
28-days period. July 31st
August 31st
September 28th
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
4.60% 4.57%
widespread increase in goods and services 4.55%
prices. 4.50%
4.45% 4.42%
The Consumer Price Index (CPI) is the
4.40%
statistical instrument that calculates inflation 4.34%
4.35%
by continuously measuring the price changes 4.30%
of households’ representative basket of 4.25%
goods and services. 4.20%
July August September
Source: Mexican Central Bank, www.banxico.org.mx, 2012

8. Investment Unit (UDI)
Investment Unit (UDI)
The Investment Unit (Unidad de 4.810000 4.803824
4.800000
Inversion, UDI) is the factor (value) to be
4.790000 4.785970
applied to the acquisition of mortgages.
4.780000
The Mexican Central Bank is the responsible 4.770000 4.767651
authority to publish at the Mexico’s Official 4.760000
Gazette its value in Mexican Pesos for each 4.750000
day of the month. 4.740000
July August September
31st 31st 28th
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)
$161,500 $161,204
According to the Mexican Central Bank, the $160,910
$161,000
following concepts are considered as
International Reserves: $160,500
$160,000
• Foreign banknotes and coins;
$159,500
$158,918
• Deposits, securities and stocks payable $159,000
outside of Mexico; $158,500
• Loans by Central Banks payable at no $158,000
longer than six months; $157,500
July August September
• The Special Drawing Rights at the 31st 31st 28th
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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