The Mexican currency started Tuesday’s session with a marked depreciation of 1.11 percent, trading at around 20.1014 pesos per dollar. The Mexican peso is the most depreciated currency, due to the increase in risk aversion regarding Mexico, as the probability of approval of the reform to the Judicial Branch has increased. “The exchange rate is … Read more
Mexico City. The US retail sales data dispels fears of an economic recession, and the Mexican peso accelerates its gains against the dollar, as Mexico benefits from the growth of its main trading partner, mainly in terms of exports and investment. At the opening of American markets, the Mexican currency appreciated 0.48 percent, trading at … Read more
Mexico City. The Mexican currency, which was among the three most appreciated currencies internationally on Thursday, registered a daily gain of 0.97 percent, equivalent to 18.6474 units against the US currency, to close at 18.6474 units per spot dollar. According to data from the Bank of Mexico, the exchange rate operated between a maximum of … Read more
After revealing that he was suffering from health problems, videographer Nico Capone took to his Instagram account on Tuesday, August 20, 2024, to give some news. Reassuring news! Fans of Nico Capone had been worried for a few days, when his wife Daniela revealed on Instagram, on Tuesday, August 13, 2024, that the famous videographer … Read more
Mexico City. The peso broke a negative streak of four consecutive sessions to appreciate up to 19.28 units per dollar spotafter the Bank of Japan (BoJ) supported advances in the foreign exchange markets by suggesting a pause in the increase of its interest rates to avoid further instability. The Mexican currency recorded a gain of … Read more
Mexico City. While awaiting the fifth monetary policy decision of the year from the Bank of Mexico (BdeM), amid an annual rise of 5.57 percent in inflation and volatility in the exchange market, the Mexican peso began to come under pressure this morning against the dollar, trading at around 19.2209 units per dollar. Before the … Read more
Mexico City. The peso ended a week of strong swings with gains, helped by a weakening dollar and fewer concerns about economic growth in the United States, while the domestic market assimilated the fact that the Bank of Mexico (BderM) cut its reference interest rate on Thursday. In wholesale operations, the peso closed at 18.82 … Read more
Mexico City. The peso and the Mexican Stock Exchange (BMV) fell on Friday, dragged down by an adverse climate for risk assets, following a weak report on the labor market in the United States that, while supporting expectations of an upcoming rate cut by the Federal Reserve (Fed), fueled concerns about the health of the … Read more
On the scales of the Olympic Marina in Marseille, Impossible to miss the finalists of the IQ Foil, the name of the new windsurf boards, on the beach of the Olympic Marina in Marseille with their shoulders as imposing as their foil. A novelty for these Paris 2024 Olympics after the abandonment of the RSX … Read more
Mexican markets closed their greatest week because the June 2 elections, attributable to rising expectations that the US Federal Reserve (Fed) will lower rates of interest and that the Financial institution of Mexico will preserve them unchanged for longer. Throughout the session, the peso recovered 16 cents and in wholesale operations it closed at 17.62 … Read more