Mexico City. A greater probability of Donald Trump’s victory in the United States elections, according to betting markets, as well as his recent statements defending the increase in tariffs, brought the Mexican peso down to the threshold of 20 pesos per dollar. This Wednesday, the Mexican currency registered a daily depreciation of 1.23 percent, equivalent … Read more
Mexico City. After trying to break the psychological barrier of 20 pesos per dollar this Thursday, the Mexican currency ended the streak of three sessions of losses against the US currency, registering a daily appreciation of 0.30 percent, to close at 19.8807 pesos per spot dollar. The United States elections and the possibility that Donald … Read more
After crossing the threshold of 20 pesos per dollar, the Mexican currency closed at approximately 19.85 pesos in international markets, a level similar to that of the previous day, after three consecutive days of growth, according to data from Bloomberg. On the other hand, the dollar in retail operations ended this Thursday at 20.33 pesos … Read more
Mexico City, Despite the fear of oil supply restrictions and uncertainty due to hostilities between Iran and Israel, the Mexican peso managed to close the first session of the new administration in Mexico with gains against the US currency, which strengthened worldwide by the risks associated with geopolitics. After the holiday on Tuesday, due to … Read more
Mexico City, Caution emerges this Monday among investors who see the escalation of war in the Middle East and the end and beginning of a new six-year term in Mexico. At the start of the American markets, the Mexican peso operates at around 19.6426 units per dollar, which represents an appreciation of 0.29 percent against … Read more
Mexico City. In the midst of the decision of the United States Federal Reserve (Fed) to cut its reference rate by half a percentage point and in the face of risk aversion with respect to Mexico, the Mexican peso tried to maintain its winning streak, but in the end it deflated . The Mexican currency … Read more
Mexico City. Now the unknown factor is Mexico’s economic policy, a cut to the reference rate of a quarter or half a percentage point, which the Bank of Mexico will clear up next Thursday. Meanwhile, the Mexican peso operated with indecision this Monday. The Mexican currency registered a marginal daily depreciation of 0.01 percent, closing … Read more
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
The peso posted its third consecutive week of losses, this time due to a strengthening of the dollar after a mixed labor report in the United States, while domestically the progress of the judicial reform process in Congress was influential. In wholesale operations, the Mexican currency fell 6 cents (0.33 percent), to 19.99 units per … Read more
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