The peso starts the session with little change compared to the close of Friday, showing an appreciation of 0.01%, trading around 19.91 pesos per dollar. There is no clear direction in the foreign exchange market, where currencies show mixed performance. The dollar weighted index remains weak, falling 0.11%,
The North American auto parts, components and assemblies outsourcing market has traditionally exceeded $ 250 billion a year, according to Martinrea International Inc. In general, the scope of outsourcing to OEMs (Original Equipment Manufacturers) is influenced by a number of factors, including the relative cost, quality and timeliness
The peso closed the week with an appreciation of 1.65% or 33.4 cents, trading around 19.91 pesos per dollar, touching a minimum of 19.8597 and a maximum of 20.3270 pesos. During the first three days of the week, the exchange rate traded most of the time in a
Sales of cars and other light vehicles in Mexico grew at an interannual rate of 139% in April 2021, to 83,611 units, Inegi reported this Friday. According to preliminary figures, Mexico’s GDP decreased 8.2% in real terms during 2020, reflecting the negative economic effects of the Covid-19 pandemic
Mexico exported copper minerals to China worth 2,734 million dollars in 2020, a growth of 32.2% year-on-year. Globally, according to the Australian government, copper consumption is expected to continue to recover in 2021, driven by improved economic growth and the essential role of copper in electrification. To China,
The peso starts the session with an appreciation of 0.90% or 18.1 cents, with the exchange rate trading close to 19.94 pesos per dollar, touching a minimum of 19.8932 and a maximum of 20.1287 pesos. The main factors that favor the appreciation of the peso are the following: