The peso starts the session with a depreciation of 0.64% or 13.3 cents, trading around 20.74 pesos per dollar, with the exchange rate touching a minimum of 20.5524 and a maximum of 20.7675 pesos per dollar. The Mexican peso ranks as the second most depreciated currency, behind the
The company Altos Hornos de México (AHMSA) reported this Tuesday that it recorded losses of 17.235 million pesos in 2020. Also the previous year reported a negative balance in this indicator, with consolidated net losses of 7,214 million pesos. Meanwhile, AHMSA’s current liabilities exceeded its current assets by
The United States has promoted the establishment of binding commitments on digital trade within the World Trade Organization (WTO), an issue that will be discussed at the next ministerial conference. The Internet and other digital technologies play a crucial role in strengthening and supporting businesses in all sectors
The peso closed the session with an appreciation of 0.20% or 4.1 cents, trading around 20.61 pesos per dollar, with the exchange rate touching a minimum of 20.5556 and a maximum of 20.7897 pesos per dollar. The appreciation of the peso occurred after 12:00 hours, along with a
Mexican mining company Fresnillo plc reported that it produced 53 million 050,000 ounces of silver in 2020, a decrease of 2.9% year-on-year. As expected, total silver production was stable and within company guidance at 53.1 million ounces. As there were fewer workers on site due to Covid-19 preventative
Under the NAFTA, First Majestic started a case against Mexico for damages on its investments. The company is engaged in the production, development, exploration and acquisition of mineral properties with a focus on silver production in Mexico. Fisrt Majestic owns and operates three producing mines in Mexico: San