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Monday, July 15, 2019
06:07 PM
Mexico Central Time
MARKETS AND DATA: US Dollar: $12.65 Euro: $16.78 Gold: US$1,327 Silver: US$20.39 Mex Crude: US$102.50 Cetes 28: 3.85%

posted 2009-08-27
Coming Back!
The Mexican Stock Exchange BMV at best level since mid-2008. This week stock index IPC has surpassed the 28,000 points.

posted 2009-08-07
Upbeat week for the markets.
The peso retail parity had a 2% recovery to the U.S. Dollar, and a 2.5% to the Euro; the Mexican Crude Oil price gained almost 3.5% getting closer to the US$70 per barrel; and the Mexican Stock Exchange experienced its best level in the last 12 months with a week gain of 4.2%.

posted 2009-07-28
Oil prices closer to the budget of US$70
A month ago the Mexican Crude Oil price beat barrier of the US$60 per barrel. Yesterday, the price reported a 2009 record high of US$65.21

posted 2009-06-08
Crisis hits bottom floor
The Private Sector Specialists Survey managed by the Mexican Central Bank estimates an inflation rate of 4.41% with a negative GDP of 5.8% for 2009. The consensus is that the economic crisis bottom floor is reached in the second quarter of 2009.

posted 2009-05-19
Postive economic data
The Mexican Stock Exchange BMV is performing in its best level since Black October. The stock index (IPC) is rounding the 24,500 points. The peso parity rate is also operating well in the region of $13.00 per U.S. Dollar.


Stoned Markets

September 02, 2009. 20:55

After a month of steadiness and a slight upturn in the markets, in just 3 days the turbulence has sent the confidence to the levels experienced 4 months before.

The Peso has suffered from the continuous unenthusiastic information about a significant downturn in the government revenue, and from the drop in the oil prices.

DoingBusinessInMexico Staff
Published: September 02, 2009. 20:55 | Last updated: September 02, 2009. 20:55
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