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…
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Depreciation
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…
Chilean peso continues to fall due to internal crisis
Chile is in the midst of a social and political change that has caused protests and reactions found among residents. The economy is reeling and, even worse, the peso - the local currency - continues to lose value.
This Wednesday, the peso…
Argentine government seeks to stabilize currency
Minister Hernán Lacunza said that "Guaranteeing the exchange rate as a first-order objective in this electoral process" will be its task, after last week the Argentine peso depreciated 20%.
Also, amid the turbulence and after the electoral…