In early 2024, Mexico’s economy began to slow down, with less activity in industries, trade, and services. This change was highlighted by the Mexican Institute of Finance Executives (IMEF), which monitors economic performance. According to IMEF, the first quarter of 2024 expanded, surpassing earlier forecasts. However, varying sector performances hint at a move towards a […]
Related Posts
Dollar Retreats Following Brazilian Central Bank Remarks
The U.S. dollar saw a downturn against the Brazilian real this Wednesday, marking an end to its five-day rally. The dollar’s drop, part of a global depreciation trend, was influenced by Brazil’s Central Bank President Roberto Campos Neto’s comments on potential market intervention. In Washington, Campos Neto addressed investor concerns about the dollar’s recent spike […]
Argentina’s ‘blue dollar’ drops after 10-day post-election surge
On Argentina’s recent financial trading day, the unofficial dollar price, also known as the “blue dollar”, decreased 20 pesos (2.56%), closing at 760 pesos per unit in the country’s leading exchange houses. This shift marked a break from its consistent ascent over ten successive days and occurred for the first time since the primary elections […]
