The peso began the session with a depreciation of 0.39%, or 7.2 cents, trading at around 18.43 pesos per dollar. The exchange rate hit a low of 18.3382 and a high of 18.4671 pesos per dollar, declining for the third consecutive session and accumulating a depreciation of 0.80%, or 14.5 cents, over this period. September […]
The dollar’s price is wavering against the Mexican peso, and this is how the exchange rate will be quoted on September 9, 2025.
The Mexican peso began trading Tuesday, September 9, with an appreciation against the dollar, while the Mexican Stock Exchange reached a new record. According to data from the Bank of Mexico (Banxico), the official exchange rate stood at $18.75 pesos per dollar, a figure that reflects the strength of the Mexican currency against the US […]
The dollar price remains unchanged today, August 14, 2025. Is this good news?
The price of the US dollar remains unchanged for Thursday, August 14, 2025; we share the exchange rate in Mexico for the third day of the week. After data showed that US producer prices rose more than expected in July amid rising costs for services and goods, suggesting a broader rebound in inflation in the […]
Trump announces 25% tariffs on Indian imports starting August 1
US President Donald Trump announced that Indian imports will face a 25 percent tariff starting August 1, and that there will also be a “penalty” for purchasing military equipment and oil from Russia. “We have little trade with them because their tariffs are among the highest in the world and their non-tariff barriers are the […]
Mexico’s Exports to US Reach Record High in May, Despite Trump’s Tariffs
Despite the ongoing trade tensions and tariffs imposed by President Donald Trump, Mexico’s exports to the United States reached a historic record in May, with merchandise sales totaling $46.3 billion. According to data from the United States Census Bureau, Mexico has emerged as the largest source of imports for the US market, accounting for 14.6% […]
Yucatán’s “Green Diamond” Conquers Global Markets
Mexico’s Yucatán region is making a name for itself in the global citrus market with its high-quality Persian limes, dubbed the “green diamond.” The region’s unique combination of fertile soil, favorable climate, and innovative investment model has made it a key player in the national citrus industry. Yucatán’s Persian lime production has gained significant ground […]
Border Factories Slump: Thousands Lose Jobs as Tariffs Take Toll
A stark contrast exists between job growth on the US side of the border and decline in Mexico’s maquiladora sector. Economists at the University of Texas at El Paso report that El Paso and Las Cruces, New Mexico generated a significant 7,200 new jobs during the first four months of 2025 due to a strong […]
Peso posts five sessions of gains driven by global trade optimism
On Thursday, a White House press secretary announced that the United States had signed a trade agreement with China, which was later confirmed by Commerce Secretary Howard Lutnick. On Friday, China’s Ministry of Commerce confirmed that a trade agreement had been reached under which the United States will begin eliminating measures restricting trade with China, […]
US Cracks Down on Mexico-Based Banks Accused of Aiding Cartels in Fentanyl Trade
The US Treasury Department has imposed sanctions on three Mexico-based financial institutions, accusing them of laundering millions of dollars for cartels and facilitating payments for the production of fentanyl. The sanctions, announced on Wednesday, target CIBanco, Intercam Banco, and brokerage Vector Casa de Bolsa. The banks are accused of playing a “long-standing and vital role” […]
Mérida Seeks Investment and Innovation from UAE
The city of Mérida has taken a significant step towards boosting its economy through investments and innovation projects, courtesy of a meeting between Mayor Cecilia Patrón Laviada and the Ambassador of the United Arab Emirates, Salem Rashed Alowais. According to municipal authorities, the meeting aimed to attract investment and innovation projects that cater to the […]