Currency
News Article
AstraZeneca and Pfizer both took positive steps in their respective vaccine trials, giving a boost to the Mexican peso.
BMV
News Article
Mexico’s stock exchange also recorded a 1 percent gain in morning trading, despite the absence of support measures from the Mexican government
Burning money
News Article
The collapse of oil prices brings down the Mexican Peso and has a direct impact on PEMEX, private operators and the Mexican economy.
On Tuesday morning, the Mexican currency was flat in early trading amid mixed economic data.
News Article
With safe-haven gold and the US dollar climbing in the face of the COVID-19 outbreak, the peso is on the backfoot, having lost all its gains for 2020
the US dollar index reached a three-year high, making the US currency a safe-haven for investors
News Article
The virus is expected to keep piling pressure on the the global economy; the impact for Mexico might not be too hard according to analysts.
Photo Source: Pixabay
Weekly Roundups
A reduction in interest rates, a new plan for economic growth and an increase in minimum wages. Do not miss this week’s roundup!
Enrique Enrich
View from the Top
Enrique Enrich
Director General
Scania Mexico
Scania is a global enterprise with a service and sales network covering 100 countries as well as offering financial services.
Jan Hegner
View from the Top
Jan Hegner
CEO
Daimler Buses México
Daimler Buses is a subsidiary of the Daimler Group focused on production and commercialization of bus units.
To reduce the average age of the fleet we should be scrapping up to 20,000 thousand units yearly for the next 10 years.
Analysis
Currency volatility, nationalistic rhetoric north of the border and slower export markets are among the main culprits hindering the sector
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