The peso starts the session with a depreciation of 0.50% or 10.9 cents, trading around 22.22 pesos per dollar, given an increase in the perception of risk in global financial markets. Performance is mixed in the foreign exchange market, so the dollar-weighted index remains stable. However, several currencies
The Mexican government approved the environmental impact statement for Orla Mining‘s Camino Rojo gold oxide project in the state of Zacatecas, with which the company prepares the construction of the mine. In summary, the Camino Rojo project is a gold-silver-lead-zinc deposit located in the municipality of Mazapil, near
U.S. shipments of solar panels, also known as solar photovoltaic (PV) modules, reached a record 16.4 million kilowatts (kW), 2.9 million kW higher than the previous all-time high of 13.5 million kW set in 2016. In sum, shipments of solar panels include imports, exports, and modules produced and
The latest estimates from Clarkson Research in August suggest that auto trade could decline by 34% in 2020. In parallel, the Institute of Shipping Economics and Logistics stated that, in view of the continuous (strong) decrease in volumes in the trade of automobiles by sea due to the
The peso closed the session with an appreciation of 0.15% or 3.3 cents, trading around 22.13 pesos per dollar, gaining ground along with other currencies of emerging economies, such as the Chilean peso that appreciated 1.46%, the Turkish lira that advanced 1.14%, the Colombian peso with 0.66%, the
Mexico’s gross collection from foreign trade operations totaled 420,889.3 million pesos in the first half of 2020, a decrease of 13.3% year-on-year, according to data from the Ministry of Finance and Public Credit (SHCP). On the other hand, in January-June 2020, the amount collected for self-declaration of taxes