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
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
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
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
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
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
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
Mexico City. As expected by global economic agents, the United States Federal Reserve (Fed) kept its reference rates unchanged and continued to delay the long-awaited first rate cut. Given this scenario, the dollar weakened globally, depreciating 0.55 percent, to 105,520 units, according to its DXY weighted index, which measures the behavior of the US currency … Read more
Mexico City. As the dollar regained attractiveness internationally, awaiting the first forecast of the gross domestic product (GDP) of the United States for the first quarter of 2024 and the consumption and personal spending indices of the world’s main economy for March , the Mexican exchange rate fell this Wednesday. The Mexican currency lost 0.64 … Read more
At the beginning of the last exchange session of the week, the peso recovered ground against the dollar – the main currency to be negotiated in the market – with the exchange rate at 17.16 units per greenback, a gain of 0.24 percent with compared to yesterday’s closing. The exchange rate at the beginning of … Read more