The peso starts the session with an appreciation of 0.60% or 12.5 cents, trading around 20.82 pesos per dollar, with the exchange rate touching a minimum of 20.8015 and a maximum of 20.9711 pesos. Mexican peso is the most appreciated currency in the broad basket of main crosses,
The Federal Economic Competition Commission (Cofece) initiated an investigation into the mezcal market in Mexico. Mezcal is an alcoholic beverage that is obtained by distillation and rectification of musts (or juices) prepared directly with the sugars extracted from the ripe heads of the agaves, which are previously cooked
The peso closed with a depreciation of 1.64% or 33.9 cents, trading around 20.94 pesos per dollar, with the exchange rate touching a minimum of 20.5524 and a maximum of 20.9988 pesos per dollar. It should be noted that the depreciation of the peso slowed near the level
The Federal Economic Competition Commission (Cofece) authorized a concentration between subsidiaries of Toyota and Mazda in Mexico. A concentration is the merger, acquisition of control or any act by virtue of which companies, associations, shares, social shares, trusts or assets in general join that is carried out between
Banxico reported this Wednesday that it projects Mexico‘s GDP growth of 4.8% in 2021, in its central scenario. With this, Banxico revised this rate upwards, from the level of 3.3% that it had estimated at the end of 2020. Meanwhile, its expectation for 2022 is adjusted from 2.6%
As part of the commitments established in the USMCA, the Ministry of Economy launched Comercia MX on Wednesday. Within Chapter 25, the USMCA obliges Mexico, the United States and Canada to encourage participation in platforms, such as web-based ones, for entrepreneurs and business advisers to share information and