Category

Mexico News

Moody’s Credit Rating Downgrade Signals Trouble Ahead for Mexico’s Economy

Mexico City, Mexico — Moody’s Investors Service has downgraded the outlook on Mexico’s credit rating from “stable” to “negative,” while maintaining the country’s sovereign rating...
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Mexican Peso Hits Record Low Against US Dollar According to DOF

Puerto Vallarta, Mexico - The Mexican peso has reached a new record low against the US dollar, according to the Official Gazette of the Federation...
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Mexican Peso Declines to 20.38 per Dollar After Trump Cabinet Appointments

Puerto Vallarta, Mexico - The Mexican peso opened the international markets today at approximately 20.38 pesos per US dollar, marking a depreciation of 0.21% or...
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The Dollar Continues to Crush the Mexican Peso Trading Above 20.50

The Mexican peso opened at 20.54 pesos per U.S. dollar in international markets, marking a depreciation of 1.81% or 37 centavos compared to last Friday,...
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Mexican Peso Opens Lower After a Day of Gains, Trading Above 20.00 Dollars

The Mexican peso lost ground against the US dollar today, once again breaching the psychological barrier of 20.00 units per dollar. The depreciation comes amid...
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Totalplay Launches Unprecedented 1200 Mbps Internet Service in Mexico

Totalplay, Mexico's leading telecommunications company, has enthusiastically announced a groundbreaking new internet offering of up to 1200 megabytes per second (Mbps), setting a milestone in...
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Mexican Peso Strengthens on Economic Data Trading Below 20 Dollars – Shaking Off Trump Win

Puerto Vallarta, Mexico - The Mexican peso appreciated against the US dollar on the morning of November 7, following heightened volatility after the United States...
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Mexican Peso Hits Two-Year Low as Markets Brace for Donald Trump Second Term

Puerto Vallarta, Mexico - Mexico's peso sank to its weakest level in over two years on Wednesday, as financial markets reacted to the win of...
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Mexican Peso Holds Its Breath Awaits US Election Results

The Mexican economy is poised for significant volatility as the United States concludes its presidential elections today. Analysts predict fluctuations in financial variables regardless of...
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Mexican Peso Gains Slightly But Still Trading Above 20 Dollars At Start of the Week

Puerto Vallarta, Mexico - At the start of today's session, the Mexican peso recovered part of the losses it suffered against the U.S. dollar last...
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Mexican Peso With Slight Gains But Will Close October With Big Losses

Puerto Vallarta, Mexico - The Mexican peso gained ground on Thursday morning, ending a five-day losing streak, as it benefited from a global weakening of...
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Mexico Sends 400,000 Barrels of Oil to Energy-Stricken Cuba

Mexico has dispatched nearly 400,000 barrels of oil to Cuba, a nation currently grappling with an acute energy crisis that has led to power outages...
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