Mexico City. The strength of the peso against the dollar caused the flow of resources that families obtain from the income from remittances sent to them by their relatives abroad to fall by 15 percent during March, BBVA announced. This morning, the Bank of Mexico (BdeM) reported that during March the remittances received by the … Read more
New York/London. The yen fell against the dollar on Wednesday to its lowest level since the mid-1990s, as markets watched for any signs of intervention by Japanese authorities to shore up its currency. For its part, the dollar rose, recovering against most currencies from declines caused by Tuesday’s data showing that U.S. business activity slowed … Read more
Mexico City. High interest rates for longer continue to resonate through the markets. Pending new announcements and new reactions to geopolitical events, the dollar resumes its gains this Thursday. At the opening of the American markets, the Mexican peso operates with a depreciation against its US counterpart of 0.51 percent, to operate at around 17.0414 … Read more
Mexico City. The Mexican peso depreciated more strongly this Friday than other global currencies, shaping up to culminate a week of heavy losses, following news of an Israeli attack on Iranian soil that prompted investors to get rid of risky assets. The local currency MXN=, one of the most liquid among emerging markets, was trading … Read more
Mexico City. The Mexican peso depreciated this Friday for the fourth consecutive day in the face of a global strengthening of the dollar, due to growing expectations that the Federal Reserve (Fed) could extend its restrictive monetary policy. The domestic currency MXN= was trading at 16.6162 per dollar, with a loss of 1.11 percent compared … Read more
Mexico City. The peso against the dollar began the last day of the week with a gain of 0.78 percent or 12.9 cents, bringing the exchange rate to 16.46 units per greenback. At the start of the session, the Mexican currency with respect to the dollar, the main currency to be negotiated in the exchange … Read more
Mexico City. The peso concluded the last day of the week at 16.46 units per dollar, its best level since November 2015. Throughout the week, the Mexican currency had a gain of one percent, since at the close of Monday the exchange rate reported by the Bank of Mexico (BdeM) ended the exchange session at … Read more
Mexico City. Amid the rise in geopolitical tensions and new highs in oil and gold, the dollar resumed its decline and the Mexican peso operates at around 16.5819 units per dollar. At the opening of the American markets, the Mexican currency appreciated 0.18 percent, to trade above 16.58, returning to levels not seen since the … Read more
Mexico City. The job creation in the United States in March, which was the largest since July 2023, as revealed this morning by the ADP survey, and the earthquake in Taiwan, set the stage for this Wednesday’s session in the financial markets. At the opening of the American markets, the Mexican peso operates without major … Read more
Mexico City. Awaiting the most anticipated publication of the week, the official United States employment report for March, the dollar maintains its weakness and the increase in oil prices takes a truce. At the opening of the American markets, the Mexican peso extends its strength against its US counterpart, appreciating 0.11 percent to operate at … Read more