Mexico, exchange rate today: how much is the dollar today Wednesday, March 17, 2021 | Exchange rate Mexican weight | Quote | Banamex | SAT | MX | NNDC | MEXICO

The exchange rate appreciated on Wednesday in the Mexican market in a context of the global advance of the dollar and with the local market, with the objectives of the subsequent disclosure of the monetary policy announcement of the United States Federal Reserve (Fed), Reuters reported.

Thus, the US currency was trading at 20.7060 Mexican pesos, with a gain of 0.41% compared to the Reuters reference price on Tuesday.

“The Federal Open Market Committee of the monetary institution is expected to issue its statement later, after a two-day meeting.”Reuters reported.

Locally, Mexican President Andres Manuel Lopez Obrador on Wednesday accused two Canadian mining companies of operating illegally in the country and warned that they would withdraw their concessions if they did not correct their operation.

“We hope the Government of Canada will help us, otherwise we will act legally,” expressed the president of the National Left Regeneration Movement (Morena) in the morning press conference at the National Palace.

Specifically, the president pointed to the Cosalá (Sonora) mine, operated by America and the gold and silver of Canada, where the workers chose a union “But because the company doesn’t like it, it doesn’t want to start business.”

Following this conflict, López Obrador asked the Mexican Secretary of Foreign Affairs, Marcelo Ebrard, to “Talk to the Government of Canada and explain this situation.”

“It should not be understood as a threat or warning, but if the law is not respected, the Government can revoke the concession and there will be companies that will, according to the law, carry out the works in Mine”, said the president.

Freedom of association was one of the foundations of the labor reform promoted by Mexico in order to sign the new free trade agreement with the United States and Canada (T-MEC), in force since July last year.

López Obrador also criticized that in the Tayolitita mine (Durango), the first Canadian Majestic “He doesn’t want to pay taxes” and seeks international courts to avoid it.

With information from Reuters and EFE.