During the session, the peso traded in a channel between 19.8153 and 20.1050 pesos, closing at a level of around 19.90 pesos, with an appreciation of 0.36 percent. The appreciation of the peso was accompanied by a general weakening of the dollar against its main crosses, in the
In 2019, United States annual energy consumption from renewable sources exceeded coal consumption for the first time since before 1885, according to the Energy Information Administration (EIA) Monthly Energy Review. This result mainly reflects the continuous decrease in the amount of coal used for electricity generation during the
Butter imports from Mexico would register a 4.2% year-on-year growth in fiscal year 2021, to 50,000 tons, the United States Department of Agriculture (USDA) projected. For fiscal year 2020, the USDA estimates that butter imports into Mexico totaled 48,000 tons. Regarding the consumption of butter in the Mexican
Italika increased its motorcycle sales 14% indirectly benefited by the effects of the Covid-19 pandemic. In the nine-month period ending September 30, 2020, Italika’s motorcycle sales increased year-on-year, due to people’s fear of using public transport, their lack of means to buy a car, and the use of
In early 2020, due to the uncertainties related to the trade war between the United States and China, Grupo Elektra decided to purchase additional inventories from suppliers in China in anticipation of further impacts from the trade war. When the Covid-19 pandemic was declared, Grupo Elektra continued to
The peso starts the session with a depreciation of 0.38% or 7.5 cents, trading around 20.05 pesos per dollar, as caution continues to be observed among market participants, as happened during Monday’s session. In the foreign exchange market, the currencies that lose are mainly from emerging economies, the