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Mexico's Economy Minister Marcelo Ebrard suggested on Monday that the Mexican government could retaliate with its own tariffs on U.S. imports if the incoming Trump administration slaps tariffs on ...
USD/MXN exchange rate Mexico inflation rate 1970-2022. The Mexican peso crisis was a currency crisis sparked by the Mexican government's sudden devaluation of the peso against the U.S. dollar in December 1994, which became one of the first international financial crises ignited by capital flight.
MXN replaced MXP in 1993 at a rate of 1000 MXP per 1 MXN. The exchanged rate remained stable between 1998 and 2006 , oscillating between 10.20 and 11=3.50 MXN per US$. The Mexican peso parity decreased under president Enrique Peña Nieto, lost in a single year 19.87% of its value Archived March 29, 2017, at the Wayback Machine reaching an ...
USD/MXN exchange rate. Mexican peso crisis in 1994 was an unpegging and devaluation of the peso and happened the same year NAFTA was ratified. [2]The Mexican peso (symbol: $; currency code: MXN; also abbreviated Mex$ to distinguish it from other peso-denominated currencies; referred to as the peso, Mexican peso, or colloquially varo) is the official currency of Mexico.
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The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it ...
Federal entities by GDP 2022 (millions) [1] [2] Position State Nominal GDP (MXN) Nominal GDP (USD) GDP PPP (USD) Growth Nominal GDP per capita % of national 1 Mexico City ...
A section of the Morocoy-San Pedro highway was badly damaged. The government of Quintana Roo spent MXN$11 million (USD$546,000) to repair the damage caused by the storm. [32] In Chiapas, floods damaged 14 houses in Rayón, and two more in Rincón Chamula San Pedro. A landslide also blocked a section of Federal Highway 190. [33]