Mexican billionaires enjoy a solid year
Despite plunging oil prices and a weakened peso, Mexico’s 16 billionaires had nothing to complain about in 2015.
Despite plunging oil prices and a weakened peso, Mexico’s 16 billionaires had nothing to complain about in 2015.
For the first time Mexico is exporting more automobiles to the United States than its northern neighbor Canada. In 2014, 1,875,575 vehicles from Mexico were sold in the United States, compared to 1,843,295 from Canada.
At least five new high-rise buildings are planned for the plush Andares zone of Zapopan at the convergence of Avenida Patria and Acueducto. Work on the first tower block, the 25-storey The Landmark, will begin during the second semester of the year at a cost of 220 million dollars, The building will include luxury residences, offices and a hotel. Other projects include the 30-story Lobby 33 and the 29-storey Attala building, with work on both slated to begin later this year.
–Mexican Stock Market (BMV) opened at 43,296.55 a decrease of 505.52 points from Thursday, February 26, 2015.
–Interest paid on 28-day Treasury Certificates (CETES) was up at 3.01 percent from Thursday, February 26, 2015.
–Bank Interest paid on 28-day 10,000 to 50,000 peso Promissory Notes was changed ranging from 1.00 to 2.17 percent.
–U.S. dollar traded Thursday at 14.00 pesos buy, 15.40 pesos sell.
–Canadian dollar traded at 11.15 pesos buy, 12.30 pesos sell.
–Euro traded at 16.20 pesos buy, 17.25 pesos sell.
–Gold (1 oz) Mexico: 18,200.21 pesos; New York: 1,207.20 U.S.
–Oil (brl) Mexican mix: 49.41 U.S.; West Texas Intermediate: 51.53 U.S.
–Inflation January 2015: 0.58 percent.
–Annual Inflation (from Jan. 2014 to Jan. 2015): 3.07 percent.
Three tequila companies have teamed up to develop a passport that will enable tourists enjoying the Tequila Trail to obtain gifts, discounts and other benefits.
– Mexican Stock Market (BMV) opened at 43,802.07 a decrease of 1,251.58 points from Thursday, February 19, 2015.
–Interest paid on 28-day Treasury Certificates (CETES) was up at 2.90 percent from Thursday, February 19, 2015.
–Bank Interest paid on 28-day 10,000 to 50,000 peso Promissory Notes was changed ranging from 1.01 to 2.17 percent.
–U.S. dollar traded Thursday at 13.90 pesos buy, 15.30 pesos sell.
–Canadian dollar traded at 10.90 pesos buy, 12.30 pesos sell.
–Euro traded at 16.35 pesos buy, 17.40 pesos sell.
–Gold (1 oz) Mexico: 18,129.32 pesos; New York: 1,208.20 U.S.
–Oil (brl) Mexican mix: 47.97 U.S.; West Texas Intermediate: 50.99 U.S.
–Inflation January 2015: 0.58 percent.
–Annual Inflation (from Jan. 2014 to Jan. 2015): 3.07 percent.
Financial indicators as of Thursday, February 19, 2015
–Mexican Stock Market (BMV) opened at 45,053.65 a increase of 1,120.39 points from Thursday, February 12, 2015.
–Interest paid on 28-day Treasury Certificates (CETES) was up at 2.83 percent from Thursday, February 12, 2015.
–Bank Interest paid on 28-day 10,000 to 50,000 peso Promissory Notes was changed ranging from 0.87 to 2.17 percent.
–U.S. dollar traded Thursday at 13.90 pesos buy, 15.30 pesos sell.
–Canadian dollar traded at 10.90 pesos buy, 12.30 pesos sell.
–Euro traded at 16.60 pesos buy, 17.65 pesos sell.
–Gold (1 oz) Mexico: 18,126.61 pesos; New York: 1,210.50 U.S.
–Oil (brl) Mexican mix: 49.57 U.S.; West Texas Intermediate: 52.14 U.S.
–Inflation January 2015: 0.58 percent.
–Annual Inflation (from Jan. 2014 to Jan. 2015): 3.07 percent.