The peso closed the session with a depreciation of 0.73% or 14.5 cents, trading around 20.12 pesos per dollar, with the exchange rate touching a minimum of 19.8546 and a maximum of 20.2387 pesos per dollar. In the exchange market, the Mexican peso was the second most depreciated
The regional market is the main destination for Latin American exports in terms of company participation, concluded an analysis by the Economic Commission for Latin America and the Caribbean (ECLAC). In recent years, the number of companies that exported to that market fluctuated between 31 and 84% of
The government of Mexico reported that it is evaluating several artificial intelligence projects with Canada. In general, several cooperation proposals are underway with the International Development Research Center (IDRC), on issues such as soft skills for migrants returning to Mexico, for which the Office of the Secretary of
Through Casa México and Grupo Alibaba, companies have made sales of Mexican products in China, reported the Consulate General of Mexico in Shanghai, China. In alliance with Mexican businessmen residing in the region, and the Mexican product marketer Casa México, there has been a presence of Mexican products
Maritime trade had differentiated impacts in Latin America due to the Covid-19 pandemic, reported the Economic Commission for Latin America and the Caribbean (ECLAC). The later arrival of Covid-19 meant that, until January 2020, this region showed results in maritime trade that were higher than the average for
Mexico‘s Federal Economic Competition Commission (Cofece) imposed fines totaling 35 million 075,000 pesos on Barclays Bank, Deutsche Bank, Santander, Banamex, Bank of America, BBVA Bancomer, J.P. Morgan and 11 individuals (traders). Cofece is the authority in charge of applying the Federal Law on Economic Competition in all sectors,