US Dollar Strengthens Against Mexican Peso: Implications for American Travelers and Investors Table of Contents US Dollar Strengthens Against Mexican Peso: Implications for American Travelers and Investors Navigating the Exchange rate: Where to Exchange Currency Dollar Exchange Rates at Major Mexican Banks (December 31, 2024) Global Trends Shaping the Future Technological Advancements and Their Ripple … Read more
In Mexico there are six million 58 thousand 548 establishments, of which four out of five belong to the commerce and services sectors, where the former has shown greater growth in the last decade, revealed the National Institute of Statistics and Geography (Inegi) . After presenting the most recent update of the National Statistical Directory … Read more
The Mexican peso depreciates 1.40 percent against the US currency, to operate at around 20.5643 units per dollar. Investors cool their appetite for risk. Since Monday afternoon, when Donald Trump, president-elect of the United States, announced that the first tariffs will be applied against China, Mexico and Canada, the Mexican currency accelerated its fall against … Read more
Mexico City. The latent probability of an economic slowdown, together with the new threats that have emerged from the president-elect of the United States, Donald Trump, to impose tariffs on our country, will lead to economic activity growing only one percent in 2025, he stated. Monex. Janneth Quiroz Zamora, director of economic studies at Monex, … Read more
Mexico City. The tax that the United States will impose on Mexican exports will generate adverse effects that will negatively affect Mexico’s economic performance in 2025 and 2026, reported Moody’s Analytics, a division within Moody’s, which is independent of the international risk rating agency Moody’s. Ratings. The analysis carried out by Alfredo Coutiño and Jesse … Read more
Mexico City. The Mexican government anticipates that the Mexican economy will grow between 2 and 3 percent next year, indicate the General Economic Policy Criteria for 2025 presented this Friday by the Ministry of Finance and Public Credit (SHCP). This estimate remains unchanged with respect to the Pre Criteria that were presented in April of … Read more
Mexico City. The Mexican peso and the stock market fell this Friday, although a week of strong volatility was set to end with gains, while investors continued to weigh the implications of Donald Trump’s return to the White House. According to media reports, the president-elect asked Robert Lighthizer, a firm believer in tariffs, to return … Read more
Mexico City. The International Monetary Fund (IMF) recognized that Mexico has solid economic fundamentals and very strong institutional policy frameworks, which is why it determined that it meets the criteria to maintain access to the Flexible Credit Line (LCF), an instrument that until The moment has not been used, but serves as a backup. The … Read more
Mexico City. Citibanamex announced that it marginally increased its economic growth estimate for this year and went from 1.3 to 1.4 percent. The new projection, reported the financial institution, is presented even though the National Institute of Statistics and Geography (Inegi) reported this morning that national activity contracted in August and slowed down compared to … Read more
Mexico City. Retail sales in Mexico, the main indicator of family consumption activity, reported a marginal advance of 0.1 percent monthly during the eighth month of the year, according to figures from the National Institute of Statistics and Geography (Inegi). Trade in Mexico grew at a lower rate compared to July, when it advanced 0.7 … Read more