The peso closed the week with an appreciation of 0.20% or 4 cents, trading around 19.91 pesos per dollar, with the exchange rate touching a minimum of 19.8987 and a maximum of 20.0769 pesos per dollar. From a technical point of view, the exchange rate remained within the
Peanut imports to Mexico will grow in the 2020-2021 and 2021-2022 cycles (each started in September), the United States Department of Agriculture (USDA) projected. After totaling 188,000 tons in the 2019-2020 season, peanut imports to Mexico would grow to 220,000 tons. Also, according to the same forecast, these
Eric Pérez-Grovas is the co-founder and managing partner of Jaguar Ventures, an investment fund created by Mexican e-commerce entrepreneurs dedicated to investing in Internet-based business models. Today, he serves as a member of the Board of Directors of Walmart de México y Centroamérica (Walmex). After Eric Pérez-Grovas graduated
China contributed 30% to the world’s economic growth in the last decade, noted the People’s Bank of China (BPC). The BPC is the central bank of the People’s Republic of China with the power to control monetary policy and regulate financial institutions in mainland China. As the world’s
The World Trade Organization (WTO) maintained its forecast of an 8% year-on-year rise in world merchandise trade volumes for 2021, following the result of a related indicator. This is the Merchandise Trade Barometer, a composite leading indicator of world trade that provides real-time information on the trajectory of
China reached 32% of global manufacturing value added (MVA), according to a report published by APEC. From an overview, the APEC region has been producing around 60% of global manufacturing value added (MVA) for the past two decades. China’s share of global global manufacturing value added tripled from