Mexico City. Against the backdrop of stronger economic growth in the United States, which strengthened the dollar, and heightened risk aversion in Mexico, the peso showed weakness and returned to heading towards 20 per dollar. The Mexican currency returned to losses, after the pause it made in the previous session when it depreciated by 0.98 … Read more
Mexico City. At the start of the last day of the week, the peso appreciated 0.60 percent against the dollar’s closing price on Thursday, as the exchange rate stood at 19.71 units of the Mexican currency for each U.S. currency. After the dollar was quoted at 19.83 pesos on the fourth day of the week, … Read more
Mexico City. The peso appreciated 1.81 percent compared to Thursday’s close, as the exchange rate stood at 19.0708 units of the local currency per dollar at the end of the last day of the week, according to data from the Bank of Mexico (BdeM). Analysts at Grupo Monex commented that this behavior is explained by … Read more
Mexico City. The Mexican peso extended its losses against the dollar on Wednesday. At the opening of the American markets, the Mexican currency depreciated 1.33 percent to trade at around 18.3875 units per dollar, levels not seen for a month. “Today, the peso is affected by the volatility observed at the close of the previous … Read more
Mexico Metropolis. The biggest business banks in Mexico, in addition to the Mexican Inventory Change (BMV) and the Institutional Inventory Change (BIVA), didn’t report any incidents of their operations on account of the worldwide cyber blackout. Though banking methods, inventory markets and airports around the globe have reported issues because of the Microsoft and Crowdstrike … Read more
Mexico Metropolis. The Mexican peso appreciated on Friday after two classes of losses, though traders’ consideration remained centered on the rising possibilities that former US President Donald Trump returns to energy. The home foreign money was buying and selling at 17.8320 per greenback, with a achieve of 0.65 % in opposition to the reference value … Read more
Mexico Metropolis. Whereas ready for the inflation information in the USA and after the Federal Reserve (Fed) hints that there shall be rate of interest cuts this yr, the greenback is weakening worldwide and the Mexican peso desires so as to add seven periods of positive aspects in opposition to its American counterpart. On the … Read more
Mexico Metropolis. The Mexican peso, together with U.S. and Mexican equities, are attempting to stay steady, after the rise within the U.S. shopper worth index (CPI) fell by three-tenths to three % in June, the bottom 12-month inflation determine since April 2021. After the US Bureau of Labor Statistics launched the inflation knowledge for June, … Read more
Mexico Metropolis. The Mexican peso appreciated on Friday, heading for per week of beneficial properties, within the face of a world decline within the greenback as buyers digested figures exhibiting a average improve in producer costs in the US. The home foreign money MXN= was buying and selling at 17.7360 per greenback, with an advance … Read more
Mexico Metropolis. The Mexican peso on Friday shed three consecutive classes of losses and rose towards a barely weaker greenback, following the constructive inflation report from the US and the announcement from the Financial institution of Mexico with messages already anticipated by the market. The native forex had a troublesome week, like its regional friends, … Read more