The interest rates on U.S. dollardenominated bank accounts in Mexican banks are often higher than the interest

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The interest rates on U.S. dollar–denominated bank accounts in Mexican banks are often higher than the interest rates on bank accounts in the United States. Can you explain this phenomenon?

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International Financial Management

ISBN: 978-0132162760

2nd edition

Authors: Geert Bekaert, Robert J. Hodrick

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Question Posted: May 28, 2012 03:26 AM

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The interest rates on U.S. dollardenominated bank accounts in Mexican banks are often higher than the interest

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Mexico has periodically gotten into balance of payments di...View the full answer

International Financial Management

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