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  • Automotive sector provides impulse to 3M
  • The Governor of Queretaro heads the Mexican Manufacturing Association Meeting
  • Queretaro opens to Chinese investment
  • Investment will grow in the electric sector
  • Oil companies from Houston want to establish in Monterrey
  • Linares may attract an assembly plant: Sedec
  • Pemex announces investment in refineries for US$1.4 billion
  • The Aerospace Industry is starting to grow in Jalisco
  • The Ministry of Energy presents Round One to companies
  • Cleantech Challenge Mexico 2014
  • Aerospace clusters mitigate economic turbulence
  • US$410 million to be invested in Chihuahua, generating 5,500 jobs
  • Mexico enjoys international investors’ confidence
  • Senior Operations will grow in Saltillo
  • Quimmco invests in auto parts development
  • Sanmina will invest US$27 million
  • Aeromexico, Interjet and Volaris receive supplies from Leon
  • Chihuahua looking in Canada for aerospace investment.
  • Aerospace companies will invest in Mexico
  • Aerospace cluster strengthened by the execution of the Mexico-France Agreement
  • 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