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Friday, May 24, 2019
09:14 AM
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%
Government Budget Hole
The Mexican Finance Ministry reported a 750 million U.S. Dollars budget hole in the first 5 months of the year. The government revenue experienced a 6.9% fall in Jan-May compared to the last year; the fall is only a 2.3% if we consider the crude oil prices coverage securities. The global crisis has affected the revenue collections nations like China which reported a shortfall of 11.6%
2009-07-01 14:11:45

Back to blacků the Peso parity
Revenge is a dish best served cold. It seems that the Mexican government financial institutions are solving the Peso parity puzzle, and the foreign exchange speculators are receiving their faith from the markets. A robust availability of U.S. Dollars ready for intervention has overshadowed the economic uncertainty. It is worth to analyze the recent Peso parity uptick, which has set up a retail exchange rate of $13.35 to the U.S. Dollar at the end of June 2009.
2009-04-05 21:07:31

G-20 Declaration
The G-20 leaders┤ statement recognizes the importance of the continuity of capital flow to emerging markets and developing countries.
2009-04-02 18:16:04

Jumblers under the crisis
Comments from the Editorů Some Mexican jumblers are experiencing a tough hangover during the world economic crisis. Companies that were once seeing as an example in their business fields are now facing the crude reality of their lacking ability to face the downturn.
2009-03-30 10:01:43

Sinking too soon? The Mexican Peso parity...
The business polls suggest a mixture of scenarios for the Mexican Peso in 2009. The government insists that the Peso is undervalued if traded above $14 Pesos per US Dollar. Alarmists are creating panic in the markets proclaming a devaluation that will transgress the $17 barrier.
2009-03-05 18:56:23

The Mexican economic perspective for 2009
In-between the world economic crisis, Mexico intends to face the wave with the ability given by the previous domestic experiences. The new feature is that this time the Tequila did not cause the hangover. Doing business in Mexico is no longer a matter of
2009-02-23 08:42:17



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