The peso closed the session with a moderate depreciation of 0.27% or 5.3 cents, trading around 19.84 pesos per dollar, with the exchange rate touching a minimum of 19.7197 and a maximum of 19.8690 pesos. The depreciation of the peso occurred alongside a weakening in oil prices, as
In late 2020, the price of iron ore was driven primarily by growth in demand across all commodities and specifically for bulk goods, the Reserve Bank of Australia (RBA) said. Instead, in early 2019, the rise in iron ore prices was largely attributed to specific developments in the
The imports and exports of world services registered a contraction of 19.7% year-on-year in 2020, to 4 trillion 983,000 million dollars, according to statistics from the United Nations Conference on Trade and Development (UNCTAD). On the one hand, this represents an unprecedented decline in decades globally. On the
World trade in products totaled 17 trillion 583 billion dollars in 2020, a year-on-year decline of 7.5%, according to data from the United Nations Conference on Trade and Development (UNCTAD). In general, during 2020, companies operated in an extraordinarily complex environment characterized by the Covid-19 pandemic and measures
The world economy continued to grow at a solid pace in early 2021, after reaching pre-pandemic levels at the end of 2020, the European Central Bank (ECB) noted. Specifically, national accounts data confirm that the world economy (excluding the euro area) fully recovered in the last quarter of
Ferromex carried out a successful issuance of stock certificates at a fixed rate of seven years and another at a variable rate of four years, for a total of 5,000 million pesos. «This debt placement confirms the confidence that the company has in the recovery of the Mexican