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Page 32 - Raul Cortes News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Mexican central bank reluctant to hike again even if US rates rise further, Heath says

By Raul Cortes and Kylie Madry MEXICO CITY (Reuters) -The Mexican central bank's benchmark interest rate is at the correct level, and its board does not

Guatemala anti-graft candidate Arevalo seen winning presidential runoff -poll

By Sofia Menchu GUATEMALA CITY (Reuters) -Guatemalan presidential candidate Bernardo Arevalo is seen winning an Aug. 20 runoff election with 63% of valid .

Remittances to Mexico near all-time high in June but strong peso weakens impact

Remittances to Mexico totaled $5.57 billion in June, just under the all-time high reached the month before but dampened in real terms by the sharp appreciation of the peso against the dollar..

Remittances to Mexico near all-time high in June but strong peso weakens impact

Remittances to Mexico totaled $5.57 billion in June, just under the all-time high reached the month before but dampened in real terms by the sharp appreciation of the peso against the dollar. June remittances money sent home from Mexican workers abroad were 8.3% higher than a year ago, data published by the country's central bank Tuesday showed. The peso strengthened more than 15% versus the dollar from June 2022 to June 2023, boosted by higher interest rates and "nearshoring," or the relocation of manufacturing largely from Asia to the area.

Remittances to Mexico near all-time high in June but strong peso weakens impact

Remittances to Mexico near all-time high in June but strong peso weakens impact
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