The peso closed the session with little change compared to Monday’s close, showing a moderate appreciation of 0.06% or 12 cents and trading around 22.43 pesos per dollar. In the session, the performance of the foreign exchange market was mixed, although optimism in the morning prevailed, with the
The Department of Agriculture (USDA) highlighted eight advantages that the Agreement between Mexico, United States and Canada (USMCA) offers to US exporters. Canada and Mexico are the top export markets for U.S. agriculture, with a combined total of $ 40.1 billion in 2019. In fact, more than 29%
There are currently 305 Regional Trade Agreements (RTA) in force and notified to the World Trade Organization (WTO), covering goods, services or goods and services. The number of notifications -494- is higher because the Regional Trade Agreements that have aspects of goods and services require two notifications, according
Mexico’s industrial production fell 17.5% during June, in real terms and at an annual rate. By sectors of economic activity, construction decreased 26.1%, manufacturing industries decreased 18.3%, the generation, transmission and distribution of electric power, water and gas supply through pipelines to the final consumer fell 13.3% and
Car sales in China rose 16.4% year-on-year in July, adding 2.11 million units. This is the fourth consecutive month of cars at annual rates, after its impact by the Covid-19 pandemic. In the past 25 years, the global auto industry has nearly doubled in size, fueled by China’s
The peso begins the session with an appreciation of 0.61% or 13.7 cents, trading around 22.31 pesos per dollar, given an increase in risk appetite in global financial markets, which has allowed most currencies to recover ground against the dollar. From a technical point of view, the exchange