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  • Automotive manufacturer will invest US$3 million in Jalisco
  • Mitchell Plastics open their doors in Queretaro
  • Mexico, ready to receive Canadian investment in SMCs: 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 SMCs 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
  • Pea Nieto will announce the new Hyundai plant
  • Guanajuato wants it all: they are after suppliers
  • Guanajuato will reactivate the leather industry
  • Nissan will assemble three Infiniti models in the new Aguascalientes Complex
  • International Surface Finishing Academy announces Anodizing for Aerospace Workshop to be held at the UNAQ campus in Queretaro, Mexico
  • Aerospace sector, efficient; reaches US$1 billion trade surplus
  • 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 1. 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