Maria del Carmen E-mail: maria@nuricumbo.com Tel. Office: + 52 (55) 5339 5839 ext. 101 Mobile: + 52 (55) 5523 6309

1. Key Mexico
Statistics
June - August 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
29/06/12 31/07/12 31/08/12 29/06/12 31/07/12 31/08/12
$13.6652 13.2883 $13.2571 $ 16.8678 $ 16.3132 $ 16.6801
$14.70
€18.30
$14.20
€17.80
$13.70
€17.30
$13.20 €16.80
$12.70 €16.30
$12.20 €15.80
June July August June July August
29/06/12 31/07/12 31/08/12 29/06/12 31/07/12 31/08/12
$21.0160 $21.0329 $21.2573 $13.1596 $13.2503 $13.4264
£23.20 $14.40
£22.40 $13.90
£21.60
$13.40
£20.80
£20.00 $12.90
£19.20 $12.40
June July August June July August
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
200
interests. The higher the Country Risk, the 180
180
higher the possibility to get a “default”.
160 147 141
It is composed of three main sources: 140
120
• Sovereign Risk 100
80
• Transfer Risk 60
40
• Generic Risk
20
It is measured through the use of the 0
Emerging Markets Bond Index (EMBI) June July August
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
Given the world tendencies and legislation 40,500
40,199.55
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 June July August
(Government, Short, Medium and Long 29th 31st 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. 4.30% 4.27%
It also undertakes primary auctions of 4.25%
securities for the government and other 4.20%
public sector entities, and issues regulations 4.15%
on several financial operations of financial 4.15%
intermediaries. 4.09%
4.10%
Cetes 28 4.05%
Zero coupon bonds denominated in Mexican
Pesos issued by the Mexican Government, in a 4.00%
28-days period. June 29th
July 31st
August 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
4.50% 4.42%
widespread increase in goods and services 4.40% 4.34%
4.30%
prices.
4.20%
4.10%
The Consumer Price Index (CPI) is the
4.00%
statistical instrument that calculates inflation 3.90% 3.85%
3.80%
by continuously measuring the price changes
3.70%
of households’ representative basket of 3.60%
goods and services. 3.50%
June July August
Source: Mexican Central Bank, www.banxico.org.mx, 2012

8. Investment Unit (UDI)
Investment Unit (UDI)
The Investment Unit (Unidad de 4.790000 4.785970
4.780000
Inversion, UDI) is the factor (value) to be 4.767651
4.770000
applied to the acquisition of mortgages. 4.760000
4.750000
The Mexican Central Bank is the responsible 4.740293
4.740000
authority to publish at the Mexico’s Official 4.730000
Gazette its value in Mexican Pesos for each 4.720000
4.710000
day of the month.
June July August
29th 31st 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)
$162,000 $161,204
According to the Mexican Central Bank, the
$161,000
following concepts are considered as
International Reserves: $160,000
$158,918
$159,000
• Foreign banknotes and coins; $158,000
$156,964
• Deposits, securities and stocks payable $157,000
outside of Mexico; $156,000
• Loans by Central Banks payable at no $155,000
longer than six months; $154,000
June July August
• The Special Drawing Rights at the
29th 31st 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
Skype: nuricua BB Pin: 21BD8276