The peso starts the session with a depreciation of 0.14% or 2.8 cents, trading around 20.07 pesos per dollar, with the exchange rate touching a maximum of 20,1076 pesos. At the beginning of the last session of the month, there is caution among financial market participants, after strong
The collection in cash flow from foreign trade operations in Mexico totaled 633,942 million pesos from January to September 2020, an increase of 12.7% year-on-year, reported the Ministry of Finance and Public Credit (SHCP). The collection statistical information considers only the cash flow and does not consider virtual
The Federal Economic Competition Commission (Cofece) of Mexico authorized certain storage services to Grupo Karzogas. On September 15, 2020, Operadora y Administradora de Gasolineras de Matamoros (OAGM); Distribuidora de Combustibles Karzo (DCK) and KRZ PAAD Fuel Terminal (KRZ) requested the opinion of Cofece in terms of article 83
In Canada, economic activity expanded 10% at a seasonally adjusted quarterly rate during the third quarter of 2020, after contracting 11.5% in the second. The recovery in private consumption and external sales contributed to this recovery. For its part, the unemployment rate decreased from 9.0% in September to
In Mexico, 5,899 Administrative Procedures in Customs Matters (PAMAS) were initiated for imports from January to September of the current year, 7.2% more than those carried out in the same period of 2019, the Ministry of Finance reported. The PAMAS are procedures established in the Customs Law, through
The number of commercial invoice for imports and exports in Mexico fell at an interannual rate of 11% from January to September 2020, to 6 million 262,300, according to data from the Ministry of Finance. In general, a commercial invoice is a kind of tax declaration related to