The peso starts the session with little change compared to yesterday’s close, showing a 0.19% depreciation, trading around 20.08 pesos per dollar, with the exchange rate touching a minimum of 20.0195 and a maximum of 20.1379 pesos. In the foreign exchange market, a strong dollar is observed, with
POSCO reported that it reduced its power generation capacity 10.1% in 2020, through POSCO Energy Corporation and other of its subsidiaries. First of all, that subsidiary is the largest private power generation company in South Korea. In 2006, POSCO acquired the largest South Korean utility company operating LNG
The Mexican Association of Railways (AMF) affirmed that the modifications to the Regulatory Law of the Railway Service approved this Thursday in the Senate of the Republic violate the Political Constitution. These modifications also violate various international treaties to which Mexico is a party, added the AMF. Consequently,
Mexico reduced its chicken imports in 2020 mainly due to the elimination of a quota granted to Brazil, according to the Mexican company Industrias Bachoco. In particular, in 2020 total chicken imports decreased 8.4% compared to 2019. Brazil was able to increase its participation in the Mexican poultry
Industrias Bachoco reported that it increased 4.2% its egg production in Mexico in 2020, to 12,500 tons each month. Previously, the company produced 11,600 tons on average in 2017, to then maintain that indicator at 12,000 tons in each of the following two years. At the end of
The peso closed the session with a depreciation of 0.68% or 13.5 cents, trading around 20.05 pesos per dollar, with the exchange rate touching a minimum of 19.8695 and a maximum of 20.1634 pesos. In the session, the peso was the second most depreciated currency in the broad