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  • 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
  • Penjamo wants to enter into the industrial activity with a new park
  • Eight companies from India will invest in Jalisco
  • ZKW breaks ground in Guanajuato Inland Port
  • The Government will invest US$909.10 million in the Merchant Marine for the energy boom
  • Audi inaugurates Specialization Center in Puebla
  • Halla Visteon Climate Control expands its operations in Chihuahua
  • Aeromar Carga expands its terminal in Mexico City International Airport
  • Volvo and Scania analyzing investing in Durango
  • Cisco will strengthen investment in domestic manufacturing
  • Artecola kicks-off operations in Leon, Guanajuato
  • Chinese companies will invest in Mexico
  • 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