Mexico City. The Mexican peso registered a correction this Tuesday, after reaching a new minimum since August 2015, and amid lower risk aversion due to relief in the Middle East; as well as the probability that the Bank of Mexico (BdeM) will study making another cut to the reference rate, which would reduce the rate … Read more
Mexico City. The Mexican peso could not against the strength of the dollar, after United States manufacturing activity grew for the first time since 2022. It seemed that the Mexican currency was going to have a day of glory this Monday, after the winning first quarter and extending its best levels since 2015, trading above … Read more
Written in ECONOMY the 24/6/2022 · 16:46 hs – The Bank of Mexico struck a blow against inflation by increasing its interest rate by 75 basis points to 7.75 percent, but specialists warn that this increase makes credit more expensive, so the impact will be reflected in consumption through the Credit cards or departmental, mainly … Read more