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  • Pepsico invests US$56.6 millions in treatment plant
  • Chihuahua will manufacture an airplane by 2023
  • The first machines for Audi plant have arrived
  • Interjet reports the results of Mexico-Bogota route a year after it started operating
  • Altamira Port will receive investments for US$75.5 million in 2014
  • OMA will invest US$26.5 million in the new Acapulco terminal
  • Audi, BMW and Mercedes looking for suppliers in Mexico
  • Auto parts company starts operations in Parral
  • Cesar Duarte will travel to China to “secure” assembly plant
  • Guanajuato Inland Port grows with new tenants
  • A new Hyundai plant may be installed in Nuevo Leon
  • Aeromexico and Mexico City Government inaugurate the first "CDMX" airplane to promote tourism
  • Jalisco attracts German investment in the automotive and aerospace industries
  • Kostal Group will build a second plant
  • The Minister of the Economy inaugurated 2 new plants in Bafar Complex
  • Amistad Welcomes Mahle and TitanX
  • Zacatecas, with everything to have an Automotive Cluster
  • Collaboration Agreement entered by the SLP Government and the company BMW, S.A. de C.V.
  • The Mexican and German Ministers of Foreign Affairs inaugurated an industrial plant in Mexico
  • Nemak will invest US$200 million in two plants
  • Mexican Peso/US Dollar rate of exchange reaches $13.49

    In just one day the average US Dollar/Mexican Peso rate of exchange in Ciudad Juarez went up 16 cents, going from MXP$13.29/USD$1 to MXP$13.45/USD$1. According to a survey made by a local newspaper, US Dollars were offered for up to MXP$13.49 in Banamex and Banorte banks. The lowest price was offered by San Luis Bureau de Change: MXP$12.90/USD$1. Specialists pointed-out that the reason for the fluctuation is related to political conflicts in Europe. Therefore, interbank rate of exchange closed in its highest level since January 17 –almost 4 months– and US Dollars were sold for MXP$13.3795. Leticia Armenta Fraire, Head of Economic Analysis Center in Tecnologico de Monterrey, Mexico City Campus, said that the political factor is generating much uncertainty in financial markets.
    Source: El Diario | Date: 10/05/2012