Browsing Tag

Depreciation

Oil prices fall due to OPEC+ uncertainty

Oil price registered a depreciation at the close of the day on July 15 due to the possibility that the OPEC+ alliance agreed to an increase in supply and after knowing an increase in gasoline reserves in the United States, which causes concerns about the product demand. The price of a barrel of…

Bank of Mexico increases interest rates to 4.25 %

Most of the members of the Governing Board of Bank of Mexico(Banxico) resolved to increase interest rates by 25 basis points, to stand at 4.25 %. With this decision, the financial entity aspires to slow down inflation, which stood at 6.02…