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September 28, 2023

Mexico keeps interest rate steady at record high of 11.25%

Mexico’s central bank announced Thursday it kept its key interest rate steady at the record-high level of 11.25%. The move came in line with the market expectations. The Banco de Mexico last made a hike on March 30 that pushed the interest rate to a r…

Industrial production index records annual increase

Industrial Production Index showed an annual increase in July as well as in the period between January – July 2023. According to the Statistical Servie, in July 2023, the Industrial Production Index reached 155.6 units (base 2015=100), recording an in…

US stock exchanges close in green territory

US stocks closed in the green Thursday. The Dow Jones industrial average was up 116 points, or 0.35%, to end the session at 33,666. The S and P 500 rose 25 points, or 0.59%, to 4,299. The Nasdaq rose 108 points, or 0.83%, to finish the day at 13,201. …