The peso starts the session with a depreciation of 0.96% or 19.1 cents, trading around 20.13 pesos per dollar, with the exchange rate trading between a minimum of 19.9222 and a maximum of 20.1653 pesos. The exchange rate has overcome the resistance of 20.00 pesos, given a greater
Despite having an open investment regime, there are some sectoral limitations in the United States that provide for examination procedures for foreign investment in a few sectors, such as airlines and nuclear energy. In addition, the United States applies a national security review process to foreign capitals that
China, Canada, and Mexico ranked as the top destinations for U.S. agricultural exports in 2020. To all destinations in the world, US agricultural external sales totaled $ 145.7 billion last year. The amount implied a year-on-year growth of 7%, according to data from the Department of Agriculture (USDA).
The number of pedimentos in Mexico‘s foreign trade fell 7.6% in 2020, to 8 million 699,300, reported the SAT. In general, pedimentos are a kind of tax declaration related to compliance with tax obligations in foreign trade. Through the pedimentos, the importer or exporter declares to customs the
Mexico‘s customs registered a year-on-year growth of 3.8% in import PAMAS in 2020, reported the Ministry of Finance and Public Credit (SHCP). Regarding control, 7,779 PAMAS (Administrative Procedures in Customs Matters) were started last year. In this sense, the SAT maintains an exchange of information with other tax
The peso closed the session with few changes compared to the previous week’s closing, with a moderate depreciation of 0.08%, with the exchange rate hovering around 19.97 pesos per dollar after hitting a maximum of 19.9786 and a minimum of 19.8924 pesos. The day was characterized by less