The peso ended the week with gains, managing to overcome the turbulence caused by Donald Trump‘s victory in the presidential election in the United States last Tuesday, while investors continue to weigh the risks that the Republican’s return to the White House brings to Mexico. , who has threatened to toughen immigration policy and apply … Read more
Mexico City. In Mexico, the dollar is trading at 20.04 pesos per dollar, exactly one week before the United States elections. The national currency extends its weakness against the US currency. The Mexican currency closed yesterday above 20 pesos per dollar, its worst level since last September 10, amid caution over the elections in the … Read more
High interest rates still make profits for private banks. From January to September, Grupo Financiero Inbursa, owned by businessman Carlos Slim, reported profits of 25,554 million pesos, an increase of 22.5 percent compared to the 20,860 million reported in the same period of 2023. According to the results report corresponding to the third quarter, sent … Read more