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Last News
  • Visteon signs lease with Intermex in Chihuahua
  • ASA obtains concession for airport in Puebla
  • Guanajuato Inland Port planning in-bond facilities for air cargo
  • Automotive investment flowing in Queretaro
  • SCT announces investments in Sinaloa for US$375.7 million
  • Construction of maquiladora plants reactivated at Ciudad Juarez
  • Campus for training on aeronautics inaugurated
  • Suppliers park to be built in Tlaxcala
  • Mega-investment may be attracted to NL
  • Zacatecas receives investments for US$134 million
  • Mars reaffirms its investment in Guanajuato
  • Mexico, in Mercedes- Benzís crosshairs
  • France fosters aerospace sector
  • Edomex ranks 3rd in automotive industry in Mexico
  • FedEx inaugurates new logistics center
  • Herdez invests US$42.4 million in sustainable plant
  • Production and exports by automotive industry grow over 5%
  • New maquiladora opened in Matamoros
  • Interest in Utah for investing in Mexico
  • Estapack S.A.P.I. de C.V.
  • US Dollar and Euro rate of exchange down

    Mexico.- The rate to exchange Mexican Pesos for US Dollars and Euros dropped 13 cents and 2 cents respectively, and were sold for MXP$13.86 and MXP$17.64 at banks in Mexico City. Upon closing the business day last Tuesday, the minimum rate to buy those currencies were MXP$13.29 for US$1 and MXP$17.16 for Ä1. According to Monex, the measures expected to be announced by the Fed next Wednesday encouraged capitals to enter the Mexican debt market, which in turn caused an appreciation of Mexican Peso against the US Dollar. Banco de Mexico (Banxico) set the rate of exchange to settle obligations in foreign currency payable in Mexico in MXP$13.7033.
    Source: Notimex | Date: 21/06/2012