Weight is appreciated; trading at 19.83 per dollar

Weight is appreciated; trading at 19.83 per dollar

Mexico City. The Mexican peso rebounded this Tuesday and is moving away from the psychological level of 20 per dollar, for the moment. At the opening of the American markets, the Mexican currency registered an appreciation against the US currency to operate at around 19.8347 pesos per dollar. The gain of the national currency is … Read more

Volatility in financial markets will end after US election: BBVA

Volatility in financial markets will end after US election: BBVA

Mexico City. The volatility that has been observed in the financial markets will prevail between now and November 5, the day on which the presidential elections will be held in the United States, BBVA México stated this Thursday. Carlos Serrano, chief economist of BBVA Mexico, specified that, specifically in the case of the exchange rate … Read more

Peso remains pressured by the dollar; pay attention to BdeM minutes

Peso remains pressured by the dollar; pay attention to BdeM minutes

Mexico City. The Mexican peso extends its losses against the dollar this Thursday, in what could be its fourth downward session against the US currency, amid the data on the US consumer price index (CPI) that fell one tenth in September, up to 2.4 percent year-on-year, and where the consensus expected 2.3 percent. Although it … Read more