US dollar back to 18 pesos

US dollar

US dollar back to 18 pesos, which are the reasons?

US dollar Exchange rate jumped 30 cents today, which is over 18 pesos per dollar for the first time since March 23rd. These are the factors why the Mexican peso has been lately under pressure.

Oil

The oil producers are having a meeting this month in order to have an agreement to output freeze the crude oil. This would help the price; however, the markets doubt on the will to reach an agreement. Mexico, as an oil producer is getting affected by the expectations.

Fed

The most recent information is that the Fed will adjust its way on raising the interest rate according to the performance of the US economy, but taking into account the defects that the global weakness might have over the US economy.

As per as the members of the monetary policy committee, there has only been two increases vs. the four that were expected at the end of 2015. This perspective change helped to slow down the US dollar.

Markets are nervous because some of the Fed members are making comments about the possibility on increasing the interest rates before it was expected. The effect is a dollar recovering.

Global Weakness

The last economy data from China has given back a smile to the market as it looks that the manufacturing industry fall has stopped. Also, the government has announced stimulus measure.

Mexican Perspective

SAT has announced to the Congress the perspective for next year, and they anticipated that the situation is not getting better. A growth of 2.6 & 3.6% is expected, a lower oil price and less production in 36 years. Some analysts are saying that maybe the expectations are even too high.

Salomon Juan Marcos Villarreal, as a president of Grupo Denim, a manufacturing company that exports denim jeans to US customers, explained how the US dollar is affecting his company. “We are an export company, and we do get pay in US dollars, but, we are in Mexico and all labor and administrative costs are in pesos; therefore, we do get affected” , said Salomon Juan Marcos Villarreal.

 

84 thoughts on “US dollar back to 18 pesos

  1. I all the time accustomed to read paragraph in news papers however right
    now because i am a user of internet therefore from now I am using net for articles
    or reviews, as a result of web.

  2. It’s a pity you don’t possess a donate button! I’d certainly donate to this excellent blog!
    I guess for the present time i’ll be satisfied with book-marking and
    adding your Feed to my Google account. I look
    ahead to new updates and will focus on this blog with my Facebook group.
    Chat soon!

  3. Greetings from Ohio! I’m bored to death at the job thus i
    made a decision to have a look at your website on my
    own iphone during lunch break. I enjoy the info you provide here and can’t wait to
    have a look when I get home. I’m shocked at how fast your blog loaded in my phone ..
    I’m not actually using WIFI, just 3G .. Anyhow, great site!

  4. Pingback: venus factor
  5. Wonderful goods from you, man. I’ve understand your stuff
    previous to and you’re just extremely great. I actually like what you’ve acquired here,
    really like what you are stating and the way in which you say it.
    You make it entertaining and you still take care of to keep it sensible.
    I cant wait to read much more from you. This is actually a
    great website.

  6. Good post but I was wanting to know if you could write a litte
    more on this topic? I’d be very grateful if you could elaborate
    a little bit more. Many thanks!

  7. Pingback: Thistle Tough Coat
  8. Pingback: economics tuition
  9. Pingback: economics tuition
  10. Pingback: blowfish
  11. Its like you read my mind! You seem to know a lot about this,
    like you wrote the book in it or something.

    I think that you can do with some pics to drive the message home
    a little bit, but other than that, this is great blog.
    An excellent read. I’ll certainly be back.

  12. Pingback: joe de saram
  13. Good day very cool blog!! Man .. Excellent ..
    Superb .. I will bookmark your site and take the
    feeds additionally? I am glad to find a lot of useful info
    right here in the put up, we want develop extra strategies
    on this regard, thanks for sharing. . . . . .

  14. Pingback: joe de saram
  15. Today, I went to the beach front with my kids. I found a sea shell and
    gave it to my 4 year old daughter and said “You can hear the ocean if you put this to your ear.” She placed
    the shell to her ear and screamed. There was a hermit crab inside and it pinched her ear.
    She never wants to go back! LoL I know this is completely off topic but
    I had to tell someone!

  16. I do not even know how I ended up here, but I thought this post was great.
    I do not know who you are but certainly you’re going
    to a famous blogger if you are not already 😉 Cheers!

  17. Pingback: foundation
  18. Admiring the hard work you put into your website and in depth
    information you present. It’s nice to come across a blog every once in a while that isn’t
    the same outdated rehashed material. Great read! I’ve saved your site
    and I’m adding your RSS feeds to my Google account.

  19. Pingback: kalpa steroids
  20. Pingback: kimim ben
  21. Pingback: Pornographie
  22. Pingback: Shop Direct
  23. Pingback: halotest
  24. Pingback: attorney
  25. Pingback: yarnell hill fire
  26. I used to be suggested this blog viia my cousin.
    I’m now not posittive whether or not this publish
    is written by wayy of him as nno one else understand
    such certain about my trouble. You are amazing!
    Thank you!

  27. Hi there everybody, here every person is sharing such know-how, so it’s fastidious to read this web site, and I used to visit this weblog
    daily.

  28. Greetings I am so excited I found your website, I really found you by
    error, while I was browsing on Digg for something else, Anyhow I am here now and would just
    like to say cheers for a incredible post and a all round
    entertaining blog (I also love the theme/design), I don’t have time to
    read through it all at the minute but I have bookmarked it and also added in your
    RSS feeds, so when I have time I will be back to
    read more, Please do keep up the great work.

  29. Wow, wonderful blog layout! How lengthy have you ever been running
    a blog for? you make running a blog glance easy.
    The entire glance of your site is wonderful, as well as the content!

  30. Thank you a lot for sharing this with all of us you actually
    realize what you’re speaking about! Bookmarked. Kindly additionally seek advice from
    my web site =). We will have a hyperlink trade arrangement between us

  31. First off I want to say wonderful blog! I had a quick question that I’d like
    to ask if you do not mind. I was interested to find out how you center yourself and
    clear your thoughts before writing. I have had a hard time clearing my
    thoughts in getting my thoughts out. I do take pleasure in writing but it just seems like
    the first 10 to 15 minutes are wasted simply just trying to figure
    out how to begin. Any ideas or tips? Thank you!

  32. An intriguing discussion is worth comment. There’s no doubt that that you ought to write more on this subject, it might not
    be a taboo subject but generally folks don’t speak about such issues.
    To the next! Cheers!!

  33. Hi there! I just wanted to ask if you ever have any
    trouble with hackers? My last blog (wordpress) was hacked and I ended up losing months
    of hard work due to no data backup. Do you have any solutions to prevent hackers?

  34. Hi there, just became aware of your blog through Google, and
    found that it is really informative. I am gonna watch out for
    brussels. I will be grateful if you continue this
    in future. A lot of people will be benefited from your writing.
    Cheers!

  35. When some one searches for his necessary thing, therefore he/she needs to be available that in detail, therefore that
    thing is maintained over here.

  36. Hi there are using WordPress for your blog platform?
    I’m new to the blog world but I’m trying to get started
    and create my own. Do you require any coding expertise to make your own blog?
    Any help would be really appreciated!

  37. Unquestionably consider that that you said. Your favourite reason appeared to
    be on the internet the simplest thing to be aware of.
    I say to you, I definitely get irked whilst other folks think about concerns that they just do not know about.

    You managed to hit the nail upon the highest and outlined out the entire thing with no need side-effects , folks can take a signal.
    Will likely be again to get more. Thanks

  38. This web site truly has all of the information and facts I needed concerning
    this subject and didn’t know who to ask.

  39. Hello There. I discovered your weblog the use of msn. This is a really well written article.
    I will be sure to bookmark it and come back to learn extra of your useful
    information. Thank you for the post. I’ll certainly comeback.

  40. Hey! Quick question that’s totally off topic. Do you know how to make your site
    mobile friendly? My blog looks weird when viewing from my iphone.
    I’m trying to find a theme or plugin that might be
    able to correct this problem. If you have any suggestions,
    please share. Thanks!

  41. Hey I know this is off topic but I was wondering if you
    knew of any widgets I could add to my blog that automatically tweet
    my newest twitter updates. I’ve been looking for a plug-in like this for
    quite some time and was hoping maybe you would have some experience with something like this.
    Please let me know if you run into anything. I truly enjoy reading
    your blog and I look forward to your new updates.

  42. May I simply just say what a comfort to discover a person that truly understands what they’re talking about on the internet.
    You certainly realize how to bring a problem to light and make it important.
    A lot more people ought to check this out and understand
    this side of the story. I can’t believe you’re not more popular since you most certainly possess the gift.

  43. Write more, thats all I have to say. Literally, it seems as though you relied on the video to make your point.
    You obviously know what youre talking about, why throw
    away your intelligence on just posting videos to your
    site when you could be giving us something enlightening to read?

  44. Hey there! Do you use Twitter? I’d like to follow you if that would be ok.
    I’m definitely enjoying your blog and look forward to new posts.

  45. I like the valuable info you provide in your articles.
    I will bookmark your weblog and check again here regularly.
    I’m quite sure I will learn many new stuff right here!

    Good luck for the next!

  46. Pretty section of content. I just stumbled upon your weblog
    and in accession capital to assert that I acquire actually enjoyed account your blog posts.
    Anyway I’ll be subscribing to your augment and even I achievement you access consistently rapidly.

  47. constantly i used to read smaller articles or reviews that as well clear their motive, and that is
    also happening with this piece of writing which I am reading at this place.

  48. fantastic issues altogether, you just won a new
    reader. What could you recommend in regards to your submit that you simply
    made a few days in the past? Any certain?

Comments are closed.