⇧ 0.1611 0.67%
Buy23.876
Sell24.583
Week To Date ⇧ 0.54 2.26%
Month To Date ⇧ 0.78 3.35%
Quarter To Date ⇧ 0.78 3.35%
Year To Date ⇧ 5.53 29.56%
With Trump ⇧ 2.48 11.42%
With AMLO ⇧ 4.14 20.6%
U.S.: Mexico coronavirus cases top 10,000 as sickly economy contractsU.S.: Mexico will receive $6 billion from oil hedge -presidentU.S.: Pemex joins crowded high yield market as investors flee riskU.K.: Shell delays decisions on deepwater projects amid oil price rout - sourceU.K.: Too little, too late? Mexico unveils $26 billion coronavirus spending shift| Entity | Dollars | Pesos | Buy | Sell |
|---|---|---|---|---|
| Banco Azteca | 22.90 | 23.49 | ||
| Banco de México, FIXFIX | 24.5883 | |||
| Banco de México, Interbancario 48 hrsInterbancario | 24.553 | |||
| Banorte | 23.35 | 24.75 | ||
| BBVA Bancomer | 23.87 | 24.78 | ||
| DOF, Diario Oficial de la Federación | 24.4248 | |||
| Inbursa | 23.90 | 24.90 | ||
| Intercam | 24.01 | 24.70 | ||
| IXE | 23.35 | 24.75 | ||
| Monex | 24.11 | 25.11 | ||
| Para pagos de obligacionesPara pagos | 24.0077 | |||
| SAT, Servicio de Administración Tributaria | 24.4248 | |||
| n = 12 | 23.876 | 24.583 | ||
| 24.2295 | ||||
Banxico cut its benchmark interest rate by 50 basis points and announced 750 billion pesos in support to help weather the coronavirus-fueled downturn.
Each year Mexico rolls the dice and makes a huge options bet on the future direction of oil prices. It’s called the “Hacienda Hedge” or the “Pemex Hedge.”
Mexico reported on Wednesday it now has over 10,000 cases of coronavirus, the fifth-highest tally in Latin America, as containment measures and rock-bottom crude prices wreak economic havoc on the oil-producing country.
Mexican President Andres Manuel Lopez Obrador said on Wednesday that the oil hedging program the finance ministry put in place to protect government oil revenues from falling crude prices would yield 150 billion pesos ($6.11 billion).
Mexican national oil company Petroleos Mexicanos joins a crowded high yield bond market as the largest fallen angel in history, just as investors have been eschewing risk and seeking stable assets to ride out the novel coronavirus pandemic.
Royal Dutch Shell has postponed decisions on whether to go ahead with two large oil and gas developments in the Gulf of Mexico and North Sea after oil prices collapsed due to the coronavirus crisis, a company source said on Wednesday.
Mexico will increase spending on social programs and infrastructure projects by $25.6 billion (20.8 billion pounds), President Andres Manuel Lopez Obrador said on Wednesday, in a delayed attempt to jump-start the coronavirus-hit economy.
The crash in oil prices is forcing drillers in the U.S. Gulf of Mexico to shut off wells. Some producers are worried offshore output may take years to recover.
The content rights of the social graph links are from their publishers, allowed via Open Graph. n = 8
The values was the last recorded at the end of the day based on public information of each entity. Use the amounts values as references only. The dollar currency denoted is the 'US Dollar' designated by ISO4217 with the alpha code 'USD' and the numeric code '840'. The peso currency denoted is the 'Mexican New Peso' designated by ISO4217 with the alpha code 'MXN' and the numeric code '484'.
