Mexico's foreign reserves rise by $1.87 bn

EFE Ingles |

Mexico City, Jul 2 (EFE).- Mexico's foreign reserves rose by $1.87 billion last week to $190.27 billion, the Bank of Mexico said.Gold and foreign currency reserves increased in the week ending June 27 mainly due to the sale of $1.5 billion by state-owned oil giant Petroleos Mexicanos, or Pemex, to the central bank.Reserves have grown by $13.75 billion since Jan. 1, the Bank of Mexico said in a statement.The M1 money supply, which includes currency, coins and demand deposits, expanded by 8.12 billion pesos (about $625 million) to 876.94 billion pesos (some $67.5 billion) last week, the central bank said.The money supply has contracted by 49.93 billion pesos ($3.84 billion) since Jan. 1. EFEpmc/hv

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


Symbol Name Price Change % Volume
JNEXF Junex Inc 0.31 0.00 0.00 0


Emerging Growth

Enertopia Corp

Enertopia Corp is engaged in the exploration of lithium in Nevada, USA. The Company's project includes Central Nevada Lithium Brine Projects.

Private Markets

Almond Smart Home Router by Securifi

Securifi sells user friendly touch screen routers that also have support for IoT/home automation.Securifi’s Almond revolutionized wireless router setup with its easy to use Touchscreen Interface in 2012. Now our…


Cloudera offers enterprises a new data platform built on the Apache Hadoop open-source software package. Hadoop is a data-management platform that can consolidate data in a single repository for comprehensive…