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Cemex Stock: Peso at 17 Signals 8% Translation Benefit Against Guidance
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The Mexican currency remained close to its best level in more than two years, while the market awaits the minutes of the Fed and Banxico
Cemex Stock: Peso at 17 Signals 8% Translation Benefit Against Guidance
NEW YORK, August 17, 2026, 1:54 p.m. EDT The Mexican peso is approaching 17 per dollar as the U.S. dollar declines. Cemex based its second-half guidance on a peso-to-dollar exchange rate range of 18.25 to 18.50. Mexico accounted for 48% of EBITDA in the second quarter, contributing 29% of total group sales. Cemex (NYSE:CX) is…
The weight receded marginally, still unable to break the barrier of 17 to the dollar, in a market that awaits information on monetary policy.
·Mexico City, Mexico
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