Peso Falls After Global Market Crash
Experts signaled that a potential recession in the United States caused investors to sell off pesos in a “domino effect” away from assets deemed as risky
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Mexican Peso Reaches Strongest Level Against Dollar Since 2015
Despite the current strength of the peso, the Bank of Mexico predicts the peso-to-dollar exchange rate will rise above 18 to 1 by the end of the calendar year
Read moreJanuary’s Oil and Tax Revenue Register Below Government Predictions
As a result, Mexico only took in a total of 658.9 billion pesos in public revenue during the first month of 2024
Read moreMexico Introduces Income Package for 2022
By KELIN DILLON Mexico’s Commission of Finance and Public Credit of the Chamber of Deputies introduced its 2020 Income Package on Saturday, Oct. 16, to be debated and voted on Monday, Oct. 18. The package reveals an anticipated 4.1 percent Gross Domestic Product (GDP) growth and an estimated exchange rate of 20.3 pesos to the U.S. dollar, as well as
Read moreUrzúa Resigns as Head of Finance Head, Herrera Pinch Hits
By RICARDO CASTILLO It was a political rock rattle and roll in the Mexican government Tuesday, July 9, when, over the course of just one hour one Treasury Secretary resigned and a new one was appointed by President Andrés Manuel López Obrador (AMLO). To offer a proper sequence of events, allow me to start from the beginning of the series
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