The peso closed the session with a depreciation of 2.54% or 51.7 cents, trading around 20.89 pesos per dollar, with the exchange rate touching a minimum of 20.3714 and a maximum of 21.0363 pesos per dollar, a level not seen since November 5, being the largest daily drop
Mexico‘s auto parts industry attracted 1.378 billion dollars in Foreign Direct Investment (FDI) in 2020. Within this industry is the manufacture of brake systems, transmission parts, power train, seats, interior trim, seat belts, interior trim and metal stamping, among others. Typically, customers of auto parts companies award contracts
Sempra México, a subsidiary of Sempra Energy, reported that it reduced its revenues in Mexico by 8.7% in 2020, to $ 1.256 million. The Sempra Mexico segment includes the operating companies of Sempra Energy’s subsidiary IEnova, as well as certain holding companies and risk management activities. IEnova develops,
Mexico‘s electricity sector attracted $ 506 million in Foreign Direct Investment (FDI) in 2020. This industrial group comprises establishments that are mainly dedicated to generating, transmitting and / or distributing electrical energy. Establishments can carry out one or more of the following activities: Operate generation facilities that produce
Mexico reported that it will allow imports of beef from Argentina with new regulations on health and safety. Argentina depends on its domestic supply for practically all agricultural and livestock products, and is a major exporter of primary products, including cereals, grains, meat, and fish. «Both countries agreed
The Mexican company Coca-Cola FEMSA reported this Thursday that its sales volume fell 2.5% at an annual rate in 2020. Above all, this indicator had a negative trend due to confinement and social distancing measures as a result of the Covid-19 pandemic. This decrease was partially offset by