Daily Mexico News Blog
Free Mexico News Daily in English
Daily Mexico News Blog
Free Mexico News Daily in English

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Economy

Mexican Peso Drops Amid Concerns Over U.S. Economic Slowdown

The Mexican peso experienced a significant decline on Friday morning following the release of a U.S. employment report that heightened concerns about the economic stability...
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Super Peso Continues to Lose Value After a Promising Start

In the latest foreign exchange session, the Mexican peso continued to lose value against the US dollar, closing at an average of 18.85 pesos per...
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Mexican Peso Advances as Federal Reserve Leaves Interest Rates Unchanged

The Mexican peso has shown significant strength on the first day of August, marking its second consecutive session of recovery. The local currency’s performance comes...
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US Dollar Rises to 18.80 Pesos as Mexican Peso Experiences Second Drop

At the opening of markets today, the US dollar was trading at an average of 18.80 Mexican pesos, marking a 0.92% increase from the previous...
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Mexico Peso: Tesla’s Reversal and Trump’s Speech: Key Drivers of Peso Volatility

Since Monday, June 3, the Mexican peso has experienced a significant depreciation against the US dollar, declining by 8.75% or 1.48 pesos per dollar until...
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Will Mexico’s New Refinery Solve Its Oil Dependency Issues?

As Mexico prepares for the transition of power to its incoming president, Claudia Sheinbaum, a pressing challenge looms on the horizon: the nation’s quest for...
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Mexican Peso Falls for Third Consecutive Day Amid U.S. Economic Data and Local Political Concerns

The Mexican peso experienced its third consecutive day of decline on Thursday, reflecting a broader aversion to risk among investors. This downward trend coincides with...
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China Surpasses United States as Leading Source of Automobile Imports to Mexico

Mexico City, Mexico – In a significant shift within the global automotive industry, China has overtaken the United States as the leading source of automobile...
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Goodbye Super Peso, US Dollar Gains Against Mexican Peso Closes at 18.36 Pesos

The US dollar closed at 18.36 pesos today, marking a 1.21% increase from the previous session’s close of 18.14 pesos. This uptick reflects a notable...
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Construction Sector in Mexico Faces Decline in Activity During First Five Months of 2024

Mexico News Blog (MNB) – During the first five months of 2024, the construction sector in Mexico has experienced a decline in activity, preventing its...
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Mexico’s Inflation Climbs to 5.61% in Early July 2024: Highest Level Since May 2023

In the first half of July 2024, the National Consumer Price Index (INPC) in Mexico recorded a significant variation of 0.71% compared to the previous...
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Top Five Billionaires See Wealth Increase by 226.6 Percent Under Current President

During the administration of President Andrés Manuel López Obrador, the wealth of Mexico’s five richest men has grown significantly, with an average increase of 226.6...
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