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
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
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
If last year was a celebration of economic optimism in Mexico, this week felt like a hangover. The tensions that began with the overwhelming victory of the ruling party and its allies in the June 2 elections reached feverish proportions when the markets, investment banks, employers and even the US ambassador warned strongly about the … Read more
The Mexican currency opened on Tuesday at 18.83 pesos per dollar in international markets, which represents a depreciation of 0.93% or 17 cents compared to the previous day, according to information from Bloomberg. In the overnight session, the exchange rate was volatile with an upward bias. Today, the peso opened the session by reducing yesterday’s … Read more