The peso closed the session with an appreciation of 1.43% or 30.2 cents, trading around 20.89 pesos per dollar, with the exchange rate touching a minimum of 20.8719 and a maximum of 21.2851 pesos. With this, the exchange rate accumulates two sessions of downward correction, in which the
The fiscal package approved this Wednesday in the United States will boost Mexican exports, as well as remittances to Mexico, highlighted the Washington Office of the Business Coordinating Council (CCE). Likewise, the package was approved along partisan lines in both houses. The core element is direct support to
Maersk and other companies signed an agreement to explore the suitability of ammonia as a marine fuel. Together with Maersk, the companies Fleet Management Limited, Keppel Offshore & Marine, Maersk Mc-Kinney Moller Center for Zero Carbon Shipping, Sumitomo Corporation and Yara International ASA signed a Memorandum of Understanding
Grupo Traxion, a company in the transportation and logistics industry in Mexico, announced this Wednesday that it contracted debt for 3.5 billion pesos. It is a line of credit committed to a bank syndicate as part of its financing strategy. For the company, this decision is in line
Additional tariffs on imports from the United States affect the supply of inputs and have other negative effects, according to a couple of investigations. Since tariffs act as a tax on foreign-produced goods, they distort price signals, which can lead to less efficient consumption and production patterns, which
The new sugar export quota from Mexico to the United States amounts to 841,795 tons, in accordance with bilateral regulations. This Wednesday, the Ministry of Economy published a notice in the Official Gazette of the Federation regarding this export quota. Under the Agreement between Mexico, the United States