The peso begins the session with an appreciation of 0.31% or 6.2 cents, trading around 19.89 pesos per dollar, with the exchange rate touching a minimum of 19.8631 and a maximum of 19.9564 pesos. The appreciation of the peso occurs alongside other currencies of emerging economies and commodity-producing
Two factors are associated with the increase in transport costs in the world, highlighted the European Central Bank (ECB). On the one hand, the strong increase in demand for intermediate inputs as a result of increased manufacturing activity raised the demand for Chinese exports and the demand for
China‘s imports have an increasing weight for that country as well as for the Asian region, highlighted the Government of Hong Kong. Overall, looking ahead, the shift of global economic gravity from West to East is projected to continue. According to the Hong Kong government, mainland China serves
Vietnam‘s exports grew at a year-on-year rate of 35.6% in May, to $ 26 billion, the country’s Statistics Office reported. Vietnam’s economy is a “socialist-oriented market economy”, as defined in the Vietnamese Constitution. In general, it is characterized by economic dualism, which combines government planning with free market
In May, the Mexican peso closed with an appreciation of 1.45% or 29.3 cents, with the exchange rate going from 20.2462 at the end of April, to 19.9527 pesos per dollar today, the end of May. In the accumulated of the year, this is equivalent to a minimum
Mexico captured 1,050 million dollars of Foreign Direct Investment (FDI) in the mining sector during the first quarter of 2021, reported the Ministry of Economy. Since the second quarter of 2014, Mexico had not received an amount greater than that amount. Mining in Mexico is controlled by the