The peso begins the quarter with an appreciation of 0.61% or 14.0 cents, trading around 22.83 pesos per dollar and moving alongside other currencies of emerging economies such as the Brazilian real and the South African rand, which are appreciated at 1.22 and 1.13% , respectively. Peso and
Megacable, Televisa and Total Play gained market share in the fixed internet access service in Mexico in 2019, according to data from the Federal Telecommunications Institute (IFT). Conversely, América Móvil lost market share in this indicator. From 2018 to 2019, Megacable increased its participation from 15.9 to 16%;
Imports by rail from Mexico totaled 22,293,000 tons from January to May, a 13.2% increase year-on-year, according to data from the Rail Transport Regulatory Agency (ARTF). Conversely, imports by rail from Mexico totaled 7 million 053,000 tons during the same period, a drop of 7.5% at the annual
The presidents of the companies Organización Cultiba, Union Pacific Corporation and Teck Resources urged support for the implementation of the Treaty between Mexico, the United States and Canada (T-MEC) so that the three countries have shared benefits. The joint statement was made by Juan Gallardo Thurlow, president of
In June, the peso closed with a monthly depreciation of 3.72% or 82.39 cents, trading around 23.00 pesos per dollar, hitting a maximum of 23.2296 pesos on day 30 and a minimum of 21.4647 pesos on June 8. In the second quarter, the peso accumulated an appreciation of
The Request for Rapid Labor Response is regulated by a series of rules that this Tuesday was published by the United States Trade Representative (USTR) in the Federal Register. When the Intersecretary Labor Committee receives a Rapid Response Request with the accompanying information, it will review the Request