Weight is appreciated; trading at 19.83 per dollar

Weight is appreciated; trading at 19.83 per dollar

Mexico City. The Mexican peso rebounded this Tuesday and is moving away from the psychological level of 20 per dollar, for the moment. At the opening of the American markets, the Mexican currency registered an appreciation against the US currency to operate at around 19.8347 pesos per dollar. The gain of the national currency is … Read more

The T-MEC is not at risk; There is a good relationship, says Sheinbaum

The T-MEC is not at risk; There is a good relationship, says Sheinbaum

Mexico City. Regardless of who wins the next presidential elections in the United States, the USMCA is not at risk, since there is a good relationship between both countries and economic integration, and it is something known by the Democratic candidate Kamala Harris and the Republican candidate Donald Trump, President Claudia Sheinbaum Pardo stated this … Read more

Volatility in financial markets will end after US election: BBVA

Volatility in financial markets will end after US election: BBVA

Mexico City. The volatility that has been observed in the financial markets will prevail between now and November 5, the day on which the presidential elections will be held in the United States, BBVA México stated this Thursday. Carlos Serrano, chief economist of BBVA Mexico, specified that, specifically in the case of the exchange rate … Read more

Peso remains pressured by the dollar; pay attention to BdeM minutes

Peso remains pressured by the dollar; pay attention to BdeM minutes

Mexico City. The Mexican peso extends its losses against the dollar this Thursday, in what could be its fourth downward session against the US currency, amid the data on the US consumer price index (CPI) that fell one tenth in September, up to 2.4 percent year-on-year, and where the consensus expected 2.3 percent. Although it … Read more

Peso advances after solid US labor report

Peso advances after solid US labor report

Mexico City. The Mexican peso appreciated this Friday, distancing itself from the performance of other main currencies, while investors assimilated figures that showed that job creation in the United States accelerated in September and the unemployment rate decreased. The local currency MXN= was trading at 19.1925 per dollar, with a gain of 0.76 percent against … Read more

Optimism about disinflation in the US reaches the peso and Mexican inventory market

Optimism about disinflation in the US reaches the peso and Mexican inventory market

Mexico Metropolis. The trade charge and fairness market in Mexico have improved amid favorable inflation information in the US, which strengthens expectations that the Federal Reserve (Fed) will reduce rates of interest earlier than the top of this 12 months. The Mexican peso, together with Mexican equities, continued to enhance on Thursday, after the US … Read more

Peso depreciates; rises once more to 18.02 per greenback

Peso depreciates; rises once more to 18.02 per greenback

Mexico Metropolis. After breaking the 18 per greenback barrier on Monday, the Mexican peso is as soon as once more beneath stress in the direction of 18.0296 items per greenback on the opening of American markets on Tuesday. The depreciation of the Mexican foreign money is according to the beneficial properties that the greenback is … Read more

Peso recovers floor; buying and selling at 18.34 per greenback

Peso recovers floor;  buying and selling at 18.34 per greenback

Mexico Metropolis. The parade of scheduled interventions by Federal Reserve advisors and macroeconomic knowledge are on stage throughout this Tuesday’s session, the place it begins constructive for the trade price in Mexico. On the opening of the American markets, the Mexican peso appreciated 0.90 p.c in opposition to the US foreign money to be quoted … Read more

Weight continues to lose; buying and selling at 18.92 per greenback

Weight continues to lose;  buying and selling at 18.92 per greenback

Mexico Metropolis. The alternate fee started this Wednesday’s session with a depreciation of 1.90 % or 35.3 cents to commerce round 18.92 pesos per greenback. Within the final hours, the Mexican foreign money hit a minimal of 18.5113 and a most of 18.9929 pesos per greenback, a stage not seen since March 20, 2023, when … Read more