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  • US$123.3 million to be invested by Conacyt-Sener
  • Baja California is assembling an investments portfolio for US$1.2 billion
  • The Federal Government has confirmed a new airport in Mexico City, adjoining the current AICM
  • Automotive manufacturer will invest US$3 million in Jalisco
  • Mitchell Plastics open their doors in Queretaro
  • Mexico, ready to receive Canadian investment in SMC’s: Bancomext
  • More plants from foreign companies arriving to Monterrey
  • TEN Arquitectos the most likely choice to build the new airport
  • Technological Agroindustry Park to be built in Zapotlan
  • Parras will have an industrial park
  • Kia Motors will start assembling autos in Mexico in 2016
  • Aerospace Summit to be held in Queretaro
  • Mexico and the USA promote aerospace SMC’s cluster
  • Investment in Baja California aerospace industry
  • SCT promotes the creation of the Federal Civil Aviation Agency
  • Uruapan is attractive for assemblers in the automotive industry: Ministry of the Economy
  • Vesta is raising an automotive industrial park in Tlaxcala
  • Peña Nieto will announce the new Hyundai plant
  • Guanajuato wants it all: they are after suppliers
  • Guanajuato will reactivate the leather industry
  • 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