Querétaro has become the driving force of the regional economy, as the national GDP growth was 3.3%, and in the case of Querétaro, it was 4.1% in the third quarter of 2023, emphasized Armando Rios Piter, Director of Institutional Relations at Actinver. ‘It tells us that Querétaro, once the pandemic has passed, has once again […]
Due to its economic strength, Mexico attracts a wave of national and international attention
Signs of confidence in the country’s economic direction come from both abroad and within, and are strengthened by the solidity of the government program presented by the frontrunner in the polls for the presidency of the Republic, with expectations of an average annual growth rate of 3 percent. There is agreement in the forecasts of […]
Price of the dollar TODAY March 15, 2024: peso registers its best level in 8 months
The dollar is trading this morning below 16.70 pesos, its lowest level so far in 2024 The Mexican peso begins this Friday, March 15, appreciating against the dollar, reaching lows not seen in eight months in the spot market in Mexico. The dollar is trading at 16.67 pesos per unit (5:54), its lowest level so far in 2024 and a […]
The Mexican peso is the world’s best-performing major currency this year
Investors are pushing the world’s most expensive currency to ever more dizzying heights, shrugging off the risks from interest-rate cuts, divisive elections, and analyst warnings. Mexico’s peso is the world’s best-performing major currency this year and the highest ranked on a list of real effective exchange rates — a measure of a nation’s competitiveness — […]
Sinaloa leads job growth in Mexico during February
Culiacán, Sinaloa. With a monthly employment growth rate of 2.5% in February, Sinaloa was placed in the number 1 position nationally, reported the Ministry of Economy. The most recent report from the Mexican Institute of Social Security confirms that this increase, compared with January, exceeded the national rate, which was 0.7%. In February, Sinaloa created […]
Export alert from China to Mexico
More and more voices are pointing out that China uses Mexico as a gateway to the United States to evade tariffs. After Donald Trump imposed tariffs on various Chinese products starting in July 2018, the Asian giant accelerated its sales to Mexico. While from 2016 to 2017 its exports rose 6.7 percent to reach 74,150.4 […]
US-Mexico trade in January totaled US$64.5 billion
Mexico’s cross-border trade is off to a good start in 2024. The country was the United States’ top trading partner in January, with two-way commerce totaling $64.5 billion, according to the most recent data from the Census Bureau. Mexico’s trade with the U.S. rose 1.1% year over year (y/y) compared to January 2023. Canada ranked […]
FDI from China to Mexico exceeds the official record by at least 10 times
Official data from recent years report low investment from China in Mexico. Last year, foreign direct investment (FDI) from the Asian giant in our country was practically non-existent. Specialists agree that this is a consequence of a problem with the registration criteria. However, a new indicator from the Mexican government, which determines investment intentions, shows that Beijing is […]
The importance of women in Mexico’s economy
In Mexico, there are around 54 million women aged 15 or older. Of this section of the population, 24 million women are economically active, while 30 million are not, according to Inegi. In this article, I discuss the importance of women in the Mexican economy regarding International Women’s Day, which is commemorated every March 8 and […]
Price of the dollar TODAY March 8, 2024 in Mexico: Peso continues to advance after employment data in the US
Find out how much the peso is against the dollar when buying and selling in banks in Mexico, such as Banco Azteca, BBVA, Citibanamex, Banorte, among others. When operations began TODAY, March 8, the dollar was selling for up to 18.10 pesos over the counter in banks. Meanwhile, the interbank exchange rate stands at 16.81 […]