Sunday, 17 January 2021


Recent News
  • Central bank auction fails to support peso

    10:45 | 28/12/17
    Mexico News Daily
    “With the objective of fostering better liquidity conditions, better price discovery and orderly operation [of the exchange market], the commission has decided to instruct the Bank of México to sell exchangeable currency hedges today [yesterday] for ... more»
  • Mexican peso rallies sharply after Banxico steps in

    04:24 | 26/10/17
    Financial Times
    The Mexican peso came off a 7-month low to rally sharply on Wednesday after the country's central bank stepped in to prop up the currency. more»
  • EMERGING MARKETS-Mexico peso down for fifth day ahead of NAFTA talks

    07:00 | 11/10/17
    By Bruno Federowski SAO PAULO, Oct 10 (Reuters) - The Mexican peso weakened for a fifth straight trading day on Tuesday amid increasing tensions over Mexico's trade ties with the United States ahead of a new round of talks this week. more»
  • Falkirk's Alexander Dennis factory in Mexico City bus deal

    11:15 | 23/8/17
    Aberdeen Evening Express
    The one billion Mexican Pesos (£44 million) contract, which supports 1,000 existing jobs at the Falkirk site, was secured after the UK Government stepped in to ensure the private buyer could access finance to purchase the buses. more»
  • Stronger Mexican peso impacts June remittances

    02:56 | 3/8/17
    Business News Americas (subscription)
    The stronger local currency drove a 4.1% drop in remittances to Mexico in June to 34.8bn pesos, the first year-on-year decline ... Subscriber-Only Content. BNamericas develops thousands of news articles, analyses and features every month, always ... more»
  • Mexico, Peso & Rates: 'Give Pause A Chance'

    07:47 | 7/7/17
    The Mexican peso was fractionally higher just before the close of U.S. trading, while the iShares MSCI Mexico Capped exchange-traded fund (EWW) was down 0.7% and the iShares Latin America 40 ETF (ILF) was down 1.1%. more»
  • The Mexican Peso (USD/MXN) is Reversing Once Again

    20:25 | 6/7/17
    FX Empire
    It was on this blog that we posted on the 22nd of January a post called “USDMXN: Multiple signs point to a reversal” and predicted that the USDMXN was finally about to reverse the 3.5 year old wild uptrend that brought it up, all the way to the 22 handle. more»
  • Mexican peso sheds 0.5% amid election uncertainty

    14:03 | 5/6/17
    Financial Times
    Mexico's peso was the biggest mover among international currencies, dipping 0.5 per cent to 18.7777 per dollar amid uncertainty surrounding the outcome of a key gubernatorial election for the State of Mexico in which both sides were claiming victory ... more»
  • Mexican Peso Rises To Highest Level in 2017 Ahead of Banco de Mexico Interest ...

    08:52 | 30/3/17
    The Mexican peso rose 1.65 percent on Wednesday to its highest level in 2017. While the peso was trading above last Friday's high (19.02) at 1:00 a.m. more»
  • Spain's BBVA takes Mexican peso drop, mortgage charge in stride

    20:56 | 1/2/17
    Yahoo Finance
    MADRID, Feb 1 (Reuters) - BBVA outstripped forecasts for its fourth quarter profit on Wednesday, although a sharp drop in the peso in its largest market of Mexico and one-off charges for mis-sold Spanish mortgages meant a drop of nearly 30 percent ... more»
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