The peso starts the session with a depreciation of 0.50% or 10.0 cents, with the exchange rate trading close to 20.07 pesos per dollar, touching a minimum of 19.9390 and a maximum of 20.1239 pesos. The peso depreciates after the publication of inflation in the United States that
The USTR filed a labor complaint under the Mexico-United States-Canada Treaty (USMCA) against a General Motors plant in Silao, Mexico. In general, the rapid response mechanism in the USMCA foresees an investigation by an independent panel in the “covered facilities” on the suspicion of denial of the right
Shipping company Maersk reported that the TradeLens platform is available in China through collaboration with China Unicom Digital Tech. TradeLens officially opened in August 2018. In general, its purpose is to interconnect the different parties involved in international trade in order to reduce the costs of documentation, verification,
Pemex‘s natural gas production registered a year-on-year decrease of 0.4% in the first quarter of 2021, to 3,700 MMcfd. This data excludes the production of Pemex partners. On the one hand, associated gas decreased by 98 MMcfd, mainly due to the reclassification of the type of fluid in
Organic sugar production in Mexico reached 14,000 tons in the 2020-2021 season (October-September), according to data from the United States Department of Agriculture (USDA). Of that total, approximately 12,000 tons were certified by the USDA for export to the United States. Organic sugar is predominantly produced in Sinaloa.
The peso closed the session with a moderate depreciation of 0.13% or 2.6 cents, trading around 19.97 pesos per dollar, with the exchange rate touching a minimum of 19.8273 and a maximum of 20.0018 pesos. The depreciation occurred in tandem with a recovery in the US dollar, which