The Central Bank predicted stable inflation, an increase in the dollar and an increase in unemployment ECONOMY El Intransigente

The Central Bank predicted stable inflation, an increase in the dollar and an increase in unemployment ECONOMY El Intransigente

he is Banco Central share the A survey of market prospects (REM) with data from the second half of 2024. The report was prepared after the indications of more than 40 economic consultants and they projected stagnation in the inflation curve, which will remain similar from July to December. The study also tried to give … Read more

The peso starts off with a depreciation; it is quoted at 18.57 units per dollar

The peso starts off with a depreciation; it is quoted at 18.57 units per dollar

With all eyes on the Federal Reserve’s (Fed) monetary policy this week and rising overall inflation in Mexico, the exchange rate in Mexico remains under pressure due to risk aversion among investors. The political and macroeconomic front is taking its toll on the Mexican peso, which depreciated 0.64 percent this morning to trade at around … Read more

The Mexican peso continues to weaken against the dollar

The Mexican peso continues to weaken against the dollar

The strength of the dollar, awaiting statements from central banks in industrialized economies, continues to weaken the Mexican peso. At the opening of the American markets, the Mexican currency extended yesterday’s losses, depreciating 0.98 percent, to trade at around 18.8112 units per dollar. The Federal Reserve’s fifth two-day meeting of the year kicks off on … Read more

Buyers tense over political and commerce points

Buyers tense over political and commerce points

Mexico Metropolis. The political and industrial effervescence crashed into the monetary markets on Thursday. The viability of Joe Biden’s candidacy to stay within the White Home and the elevated chance of Donald Trump returning there, triggered danger aversion amongst traders, who removed positions in dangerous monetary property, resembling within the inventory market and alternate charges … Read more