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Mexico to modify import and export law to curb inflation, govt says

Friday, May 13, 2022
Mexico to modify import and export law to curb inflation, govt says © Reuters. FILE PHOTO: Customers walk past vegetables on a makeshift stall in a market in Mexico City, Mexico April 8, 2022. REUTERS/Luis Cortes

MEXICO CITY (Reuters) - A Mexican presidential decree will be issued on Friday to modify tariffs in the country's import and export law in a bid to curb inflation, a finance ministry spokesperson said on Thursday.

The announcement comes a week after President Andres Manuel Lopez Obrador unveiled a plan to tame inflation. As part of it, the government pledged to increase production of staple foods with the support of local business leaders.

The ministry spokesperson declined to give more details about the changes to the law ahead of publication.

Mexican headline and core inflation in April reached their highest levels since January 2001.

Mexico's central bank on Thursday raised its benchmark interest rate by 50 basis points to 7.0% and said it could take "more forceful measures" to combat inflation.

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18-05-2022 14:34:29 (UTC+7)

EUR/USD

1.0518

-0.0029 (-0.28%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (5)

Sell (1)

EUR/USD

1.0518

-0.0029 (-0.28%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (5)

Sell (1)

GBP/USD

1.2421

-0.0069 (-0.55%)

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↑ Sell

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Buy (3)

Sell (9)

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Sell (9)

USD/JPY

129.24

-0.15 (-0.12%)

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↑ Buy

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Buy (6)

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AUD/USD

0.7011

-0.0018 (-0.26%)

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USD/CAD

1.2823

+0.0014 (+0.11%)

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EUR/JPY

135.93

-0.54 (-0.40%)

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EUR/CHF

1.0480

+0.0003 (+0.02%)

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Gold Futures

1,814.71

-4.19 (-0.23%)

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↑ Buy

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Silver Futures

21.635

-0.115 (-0.53%)

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Copper Futures

4.2032

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Crude Oil WTI Futures

111.20

+1.57 (+1.43%)

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Brent Oil Futures

113.18

+1.25 (+1.12%)

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Natural Gas Futures

8.205

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US Coffee C Futures

228.63

+3.83 (+1.70%)

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Buy (2)

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Euro Stoxx 50

3,738.45

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Sell

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S&P 500

4,088.85

+80.84 (+2.02%)

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DAX

14,179.84

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7,513.39

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Hang Seng

20,540.00

-62.52 (-0.30%)

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US Small Cap 2000

1,840.30

+56.87 (+3.19%)

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Neutral

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IBEX 35

8,508.15

+32.45 (+0.38%)

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BASF SE NA O.N.

50.535

-0.155 (-0.31%)

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Bayer AG NA

64.12

0.00 (0.00%)

Summary

↑ Buy

Moving Avg:

Buy (10)

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Buy (8)

Sell (1)

Allianz SE VNA O.N.

201.78

-0.47 (-0.23%)

Summary

↑ Buy

Moving Avg:

Buy (8)

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Indicators:

Buy (7)

Sell (2)

Adidas AG

182.46

-0.84 (-0.46%)

Summary

Neutral

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (4)

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Deutsche Lufthansa AG

6.803

-0.024 (-0.35%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (0)

Sell (9)

Siemens AG Class N

116.35

-0.15 (-0.13%)

Summary

↑ Sell

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Sell (11)

Indicators:

Buy (1)

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Deutsche Bank AG

9.492

-0.046 (-0.48%)

Summary

↑ Sell

Moving Avg:

Buy (0)

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Indicators:

Buy (0)

Sell (9)

 EUR/USD1.0518Neutral
 GBP/USD1.2421↑ Sell
 USD/JPY129.24↑ Buy
 AUD/USD0.7011↑ Sell
 USD/CAD1.2823↑ Sell
 EUR/JPY135.93↑ Buy
 EUR/CHF1.0480↑ Buy
 Gold1,814.71↑ Buy
 Silver21.635↑ Buy
 Copper4.2032Neutral
 Crude Oil WTI111.20↑ Buy
 Brent Oil113.18↑ Buy
 Natural Gas8.205↑ Buy
 US Coffee C228.63Neutral
 Euro Stoxx 503,738.45Sell
 S&P 5004,088.85↑ Buy
 DAX14,179.84Buy
 FTSE 1007,513.39↑ Buy
 Hang Seng20,540.00↑ Sell
 Small Cap 20001,840.30Neutral
 IBEX 358,508.15Sell
 BASF50.535↑ Buy
 Bayer64.12↑ Buy
 Allianz201.78↑ Buy
 Adidas182.46Neutral
 Lufthansa6.803↑ Sell
 Siemens AG116.35↑ Sell
 Deutsche Bank AG9.492↑ Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,825/ 6,925
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Cập nhật 18-05-2022 14:34:32
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RON 95-III29.98030.570
E5 RON 92-II28.95029.520
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Ngoại tệMua vàoBán ra
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JPY173,94184,14
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Cập nhật lúc 14:29:21 18/05/2022
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