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Price of the dollar today in Mexico: what is the exchange rate at this Monday, January 16?

Price of the dollar today in Mexico: what is the exchange rate at this Monday, January 16?

In the early hours of today, Monday, January 16, the price of the dollar in Mexico is operating slightly upwards, after last week the inflation data for USA will generate expectations for a reduction in the size of the interest rate increases of the fed.

The exchange rate is listed at 18,780 pesos per dollar, according to data from the Bloomberg agency.

It is worth mentioning that the Mexican currency has shown a favorable trend against the dollar since December of last year. And it is that the US authorities implemented a series of monetary policy measures to avoid excessive inflation.

READ ALSO: Dollar below S/ 3.80, is it time to buy the currency?

dollar globally

Global stocks hit one-month highs last Friday on signs inflation is slowing, while the yen jumped to seven-month highs and Japanese bond yields beat the central bank’s target as investors tested its commitment to its expansive monetary policy.

According to Reuters Agency, European stocks opened higher and the STOXX 600 Index hit its highest since April, while Asia-Pacific excluding Japan stocks hit a new seven-month high and were on course for a third straight week of trading. Profits.

US stock futures pointed to a lower open on Wall Street, but overall sentiment was upbeat a day after data showed US price pressures continue to ease.

READ ALSO: After two years on the rise, the dollar falls in 2022, how will it fare at the beginning of 2023?

Source: Gestion

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