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Tag: Banxico

International Women’s Day: Mexico’s GDP can rise 15% if it includes 8 million women

International Women’s Day: Mexico’s GDP can rise 15% if it includes 8 million women International Women’s Day: Mexico’s GDP can rise 15% if it includes 8 million women

The gross domestic product (GDP) of Mexico It can rise 15% in 2030 if the Government and the private sector add 8.2 million women to the market, estimated the Institutional Stock Market (BIVA) on the eve of the Women’s Day. “In 2030, Mexico’s GDP could be 15% higher than in 2020 if 8.2 million women […]

Price of the dollar today in Mexico: what is the exchange rate at this Tuesday, March 7?

Price of the dollar today in Mexico: what is the exchange rate at this Tuesday, March 7? Price of the dollar today in Mexico: what is the exchange rate at this Tuesday, March 7?

He Mexican peso operates downward in the early hours of Tuesday, while the dollar shows weakness in a week in which the positions of the Federal Reserve and an economic data in USAkeys to the future of monetary policy. The exchange rate is listed at 17.9991 pesos per dollar, with a downward variation of 0.03% […]

Price of the dollar today in Mexico: how much is the exchange rate trading this Monday, January 6?

Price of the dollar today in Mexico: how much is the exchange rate trading this Monday, January 6? Price of the dollar today in Mexico: how much is the exchange rate trading this Monday, January 6?

The price of dollar in Mexico trades lower in the early hours of Monday as traders try to weigh the future of monetary policy as economic data comes out in USA and Europe. The exchange rate is listed at 17,997 pesos per dollar, according to data from the Bloomberg agency. It should be mentioned that […]

Price of the dollar today in Mexico: what is the exchange rate at this Friday, March 3?

Price of the dollar today in Mexico: what is the exchange rate at this Friday, March 3? Price of the dollar today in Mexico: what is the exchange rate at this Friday, March 3?

The price of the dollar in Mexico operates downward in the early hours of Friday, while the attention of the investors is set on how much interest rates could rise in USA and in Europe, which reduced appetite for risky assets. The exchange rate is listed at 18.1189 pesos per dollar, according to data from […]

Super peso: the threats that would jeopardize the rise of the Mexican currency

Super peso: the threats that would jeopardize the rise of the Mexican currency Super peso: the threats that would jeopardize the rise of the Mexican currency

The superweight has impacted the world since the beginning of the year, for continuing its positive streak since 2022. Specialists say that this trend is a response to the combination of factors that have fostered its growth, but that can also put it at risk its current value. The price of the Mexican currency against […]

Inflation in Mexico accelerates and maintains pressure on Banxico

Inflation in Mexico accelerates and maintains pressure on Banxico Inflation in Mexico accelerates and maintains pressure on Banxico

Consumer prices rose 7.91% annually, above the 7.82% in December, the National Institute of Statistics and Geography (INEGI) reported on Thursday. The reading matched the 7.91% median estimate of economists surveyed by Bloomberg. Core inflation, which excludes volatile elements such as fuel, accelerated to 8.45%, compared to 8.35% in December, slightly above the median of […]

Banxico “sends a message” to Wall Street with a rate hike

Banxico “sends a message” to Wall Street with a rate hike Banxico “sends a message” to Wall Street with a rate hike

“They unanimously decided to vote for a 50 basis point hike, just to send the message that they have everything under control and are dealing with inflationary pressure with a firm hand,” commented Joel Virgen Rojano, strategist at TD Securities. “They send the signal that they don’t necessarily have to imitate the Federal Reserve.” Before […]

Banxico must maintain a maximum rate for a minimum of 6 months, says Deputy Governor Heath

Banxico must maintain a maximum rate for a minimum of 6 months, says Deputy Governor Heath Banxico must maintain a maximum rate for a minimum of 6 months, says Deputy Governor Heath

With consumer price increases barely slowing from a two-decade high, Banxico, as the Mexican central bank is known, will likely raise its benchmark rate by at least another quarter point, the deputy governor said in an interview. The recent increases brought borrowing costs closer to their so-called terminal rate, which “intuitively” can be between 10.75% […]

The Mexican peso ends the week at its best level since 2020

The Mexican peso ends the week at its best level since 2020 The Mexican peso ends the week at its best level since 2020

The Mexican peso closed this week at its best level in almost three years, ending this Friday at 18.77 units per US dollar, according to the Bank of Mexico (Banxico), the first time it has traded below 19 since 2020. This is its best close since February 18, 2020, when it ended the day at […]

Heath says Mexico’s core inflation is ‘severe’

Heath says Mexico’s core inflation is ‘severe’

Updated on 10/01/2022 03:01 am Jonathan Heath, member of the board of the central bank of Mexico, activated the alarms regarding the acceleration of the inflation underlying, saying in a series of tweets that the situation is “serious” and may indicate a structural problem. Although annual inflation at the end of 2021 was slightly lower […]