Santander Mexico CEO Grisi Says Peso Is 'Resilient'

The video discusses the strong performance of investment banking, highlighting doubled revenue and increased IPO activity in Mexico. Consumer credit and middle-sized companies are also thriving, with a focus on economic growth and rising consumer spending, particularly in car sales. The Mexican peso is noted as the best-performing currency against the US dollar, with discussions on its implications for NAFTA negotiations. The overall outlook is positive, with expectations for continued resilience and competitiveness in the Mexican economy.

Discuss the implications of the Mexican peso's performance on NAFTA negotiations.

What are the expectations regarding the modernization of NAFTA as per the text?