The peso closed August with an appreciation of 1.73% or 38.5 cents, trading around 21.89 pesos per dollar, touching a minimum of 21.7408 and a maximum of 22.9097 pesos. The foregoing was the result of a general weakening of the US dollar, whose weighted index registered a decline
The Inter-American Development Bank (IDB) approved a $ 100 million project to support vulnerable populations in Guatemala that have been affected by the emergency measures taken to combat the Covid-19 pandemic. The objective of this IDB loan is to guarantee a minimum income for people at this time
Global demand for air cargo, measured in cargo ton-kilometers (CTKs), fell 13.5% in July (-15.5% for international operations) compared to the previous year, the International Air Transport Association (IATA) reported. This is a modest improvement over the 16.6% year-on-year drop recorded in June. Seasonally adjusted demand grew 2.6%
The Undersecretary of Mining of the Ministry of Economy will disappear as of September 1, 2020. «This measure of austerity and administrative rationality responds to the Presidential Decree that establishes the austerity measures to be observed by the agencies and entities of the Federal Public Administration, published on
Exports in trucking between Mexico and the United States registered a year-on-year fall of 19.2% in the first half of 2020, to 174.934 million dollars, according to data from the Department of Transportation. On the one hand, exports in trucking from Mexico to the United States totaled 106,318
The United States government reported that it reduced the quota for imports of semi-finished steel products from Brazil by 83%, to 60,000 tons by 2020. After releasing the announcement on Monday, the White House Trade Representation (USTR) noted that Brazil and the United States have had successful bilateral