Mexico Metropolis. The Mexican Inventory Change celebrated the choice of the elected president, Claudia Sheinbaum, to keep up Rogelio Ramírez de la O as head of the Ministry of Finance and Public Credit score. This rectification and continuity, the establishment mentioned in an announcement, represents a robust and sure message for the nation’s monetary sector, … Read more
Mexico Metropolis. The peso began this Thursday’s session with few modifications, buying and selling at 16.92 pesos per greenback, appreciating 0.32 p.c or 5.3 cents, with the alternate price touching a most of 17.1303 and a minimal of 16.9191 pesos per greenback. The above, Banco Base famous, happens concurrently the weakening of the US greenback … Read more
Mexico Metropolis. The Mexican peso appreciated this Friday after three periods of losses, within the face of a world weakening of the greenback after an inflation report in america elevated bets that the Federal Reserve will reduce rates of interest in September. The home forex MXN= was buying and selling at 16.9420 per greenback, with … Read more
Mexico Metropolis. The monetary markets virtually assume that Claudia Sheinbaum, candidate of Let’s Preserve Making Historical past, will win the presidential elections on June 2, Citibanamex revealed in a brand new financial report. Based on the financial institution, the tranquility that the monetary markets have proven exhibits that buyers assume that there can be continuity … Read more
Mexico Metropolis. Hopes for an upcoming rate of interest minimize by the Federal Reserve (Fed), no less than for September, which boosted monetary markets yesterday, stay, however this Thursday buyers are taking a break. On the opening of the American markets, the Mexican peso registered a correction this Thursday in opposition to the greenback, after … Read more
Mexico Metropolis. The Mexican peso appreciated this Friday for the third consecutive day, in a market with its eyes targeted on the participations of a number of officers of the Federal Reserve (Fed) through the day, searching for new clues about the way forward for rates of interest. curiosity. The forex MXN= was buying and … Read more
Mexico Metropolis. Pending the end result of the financial coverage of the Financial institution of Mexico (BdeM), the Mexican peso stays beneath strain, even supposing the greenback is dropping its worldwide enchantment. A few hours in the past, Inegi revealed that inflation in Mexico rose 0.20 p.c month-to-month in April, barely above the 0.18 anticipated … Read more
Mexico City. The Mexican peso appreciated this Friday amid a global decline in the dollar following the release of a weak US labor market report that boosted bets that the Federal Reserve (Fed) would cut interest rates earlier than expected and more strongly. The domestic currency MXN= was trading at 16.8910 per dollar, with an … Read more
Mexico City. On the last day of the month, the exchange rate and the Mexican Stock Exchange (BMV) began the session negatively, this in a context in which the growth estimate for the first quarter of 2024 was published in Mexico and in the United States labor cost data for the same period. According to … Read more
Mexico City. After yesterday’s holiday in Mexico and the outcome of the meeting of the United States Federal Reserve (Fed), which left interest rates at 5.5 percent and delayed the cuts schedule, financial markets are trying to recover ground this Thursday. At the opening of American markets, the Mexican peso maintains optimism by maintaining its … Read more