The Mexican peso extends its advance in opposition to the greenback

The Mexican peso extends its advance in opposition to the greenback

In gentle of the employment information in america, which reinforces expectations that the Federal Reserve (Fed) will start slicing rates of interest (the price of credit score) this 12 months, the greenback is shedding floor internationally and the Mexican peso is benefiting from its weak spot. On the opening of the American markets, the Mexican … Read more

The Mexican peso appreciates in the direction of 18.08 models per greenback

The Mexican peso appreciates in the direction of 18.08 models per greenback

With out reference from the US markets, that are closed for the vacation, in celebration of america’ ‘Independence Day’, the Mexican peso continues to benefit from the weak point of the greenback and strengthens in the direction of 18.0850 models per greenback. On the opening of American markets, the Mexican forex is near breaking the … Read more

Mexican trade market begins the week with political alerts

Mexican trade market begins the week with political alerts

Mexico Metropolis. The present political occasions in Mexico and the previous continent have been transferred to the monetary sphere, the place nervousness maintains volatility within the monetary markets. On the opening of this Monday in American markets, the Mexican peso operates with a depreciation of 0.80 p.c, at 18.6054 items per greenback; Through the early … Read more

Monetary markets function with marginal conduct earlier than the vacation within the US

Monetary markets function with marginal conduct earlier than the vacation within the US

Given the celebration in the USA of Juneteenth, which commemorates the tip of slavery in that nation, the American monetary markets will stay closed this Wednesday, so a low quantity of operations is anticipated in Mexico, though with its respective volatility as a consequence of nationwide points. . On the opening of the American markets, … Read more

Greenback appreciation advantages agricultural exports: CNA

Greenback appreciation advantages agricultural exports: CNA

Mexico Metropolis. The appreciation of the greenback towards the peso that has been noticed in latest days is helpful for agribusiness exports, mentioned the president of the Nationwide Agricultural Council (CNA), Juan Cortina. In an interview after collaborating within the second version of the Sustainable Mexico Council, the enterprise chief commented that the depreciation of … Read more

Monetary markets at totally different speeds; weight at 16.68 per greenback

Monetary markets at totally different speeds;  weight at 16.68 per greenback

Mexico Metropolis. After the euphoria got here calm. Whereas Wall Avenue took a break this Thursday, after reaching its report ranges in Wednesday’s session, the greenback, which was one of many largest victims of the containment of inflationary tensions, as choices for future rate of interest cuts have been reactivated. The Fed regained some floor. … Read more

The Mexican peso strengthens to 16.79 per greenback

The Mexican peso strengthens to 16.79 per greenback

Mexico Metropolis. After protecting the reference price of the Financial institution of Mexico (BdeM) unchanged, the Mexican peso accelerated its positive factors in opposition to the greenback in direction of the shut this Thursday. Confronted with the prospect that the Mexican central financial institution will preserve the present stage of charges for longer, like its … Read more

Peso ends the week with good points

Peso ends the week with good points

The Mexican peso ended the week with good points and managed to finish the session in constructive territory by which the greenback was strengthened and by which investor warning prevailed, awaiting the publication of key inflation information for April in the USA. subsequent week, the place new clues are sought about the way forward for … Read more

Herman Van Goethem resigns as rector: “I have risen from an ordinary person to someone whose statements can carry a lot of weight”

Herman Van Goethem resigns as rector: “I have risen from an ordinary person to someone whose statements can carry a lot of weight”

Who is Herman Van Goethem? He was born in Mortsel in 1958. He studied law and history and obtained his doctorate in law in 1987. He was one of the founders of a new Holocaust museum in the Dossin Barracks in Mechelen. He is full professor of political and institutional history at the University of … Read more

Closes the peso with depreciation; is trading at 17.14 per dollar

Closes the peso with depreciation;  is trading at 17.14 per dollar

Mexico City. The exchange rate closed April at a level of 17.14 pesos per dollar, which implied a depreciation of 3.51 percent against the US currency, equivalent to 58.5 cents, according to data from the Bank of Mexico (BdeM). Data from the central institute indicate that it was the largest monthly depreciation of the peso … Read more