Mexican peso closes at 20.03 units per dollar

Mexican peso closes at 20.03 units per dollar

Mexico City. At the start of the week before the elections in the United States, the Mexican currency closed above 20 pesos per spot dollar this Monday, its worst level since September 10, 2024. The Mexican peso linked three sessions down (1.05 percent), where this Monday it reported a daily depreciation of 0.32 percent, equivalent … Read more

45 billion dirhams in net profits for 16 listed companies

45 billion dirhams in net profits for 16 listed companies

Youssef Al Bustanji (Abu Dhabi) The net profits of 16 national companies listed on local stock markets increased by 13% by the end of the first nine months of this year, to reach 44.9 billion dirhams, an increase of 5.2 billion dirhams, compared to the net profits they achieved in the equivalent period of 2023, … Read more

The Mexican peso falls for the third time; closes at 19:49

The Mexican peso falls for the third time; closes at 19:49

Mexico City. The gain of the dollar in Mexico did not stop this Wednesday. For the third consecutive day, the Mexican currency weakened against its US counterpart this Wednesday, registering a daily depreciation of 0.75 percent, equivalent to 14.57 cents, to close at 19.4902 pesos per dollar spot. According to data from the Bank of … Read more

Mexican peso closes at 19.93 per dollar

Mexican peso closes at 19.93 per dollar

Mexico City. Financial markets in Mexico had a mixed day on Thursday. The exchange rate opened the session with a depreciation of over 20 pesos per dollar, while the stock market began the session on the rise. The Mexican currency reduced its morning decline, but the shares of Mexican companies closed with losses. The Mexican … Read more

Financial markets await economic and legislative information

Financial markets await economic and legislative information

Mexico City. The Mexican peso strengthened against the dollar again on Monday, in light of the interest rate cuts in the United States, as well as everything related to what will happen in the Senate with the reform of the Judicial Branch and the moderation of inflation in Mexico. The Mexican currency registered a daily … Read more

Without US reference, Mexican financial markets close mixed

Without US reference, Mexican financial markets close mixed

Mexico City. In a session without the reference of the United States, the financial markets in Mexico closed with a mixed balance this Monday. On the eve of the outcome of the reform of the Judicial Branch in the country, the Mexican peso showed a daily depreciation against the dollar by 0.47 percent, equivalent to … Read more

Financial markets were uniformly down on Tuesday

Financial markets were uniformly down on Tuesday

Mexico City. In the face of warning signs regarding the national and global economy and the start of discussions in the legislature on the reform of the judicial power in Mexico, the Mexican financial markets, along with those in the United States, operated on Tuesday in a sharp decline. The Mexican stock and exchange markets … Read more

The Mexican peso falls to 19.83 per spot dollar this Thursday

The Mexican peso falls to 19.83 per spot dollar this Thursday

Mexico City. Following the publication of US GDP data, which surprised markets with figures higher than previously expected, the dollar strengthened internationally, causing ups and downs and a depreciation trend in the Mexican peso on Thursday, returning to the 20-unit mark per dollar. The Mexican currency returned to losses, after the pause made in the … Read more

Inflation data supports financial market gains

Inflation data supports financial market gains

Amid moderate gains in the U.S. and Mexican stock markets, the Mexican peso recovered ground, closing Wednesday below the psychological level of 19 units per spot dollar, after the U.S. inflation data strengthened the outlook that the Federal Reserve (Fed) could lower interest rates in September. The Mexican currency reported a daily appreciation of 0.90 … Read more

Bitcoin: These are the new stars on the crypto market

Bitcoin: These are the new stars on the crypto market

Every three months, the members of the DER AKTIONÄR Crypto TSI Index are examined for trend strength. Weak cryptos are replaced by stronger ones – these are the new stars on the crypto market. It was a week ago when the crash in Japan’s leading index led to a significant price correction on the financial … Read more