Price of the dollar today in Mexico: what is the exchange rate at this Monday, January 13?

The price of the dollar in Mexico operates in the early hours of Thursday on the rise, with the markets attentive to data from USA looking for new clues about the next steps of the Federal Reserve regarding its monetary policy.

The exchange rate is listed at 18,687 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 measures in terms of monetary policy to avoid excessive inflation.

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In this sense, since December 6, 2022, the price of the Mexican peso has improved against the dollar.

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The currencies and stock markets of Latin America registered a mixed behavior last Friday, with the markets attentive to data from USA in search of new clues about the next steps of the Federal Reserve in relation to its monetary policy.

“The latest statements by Fed officials have given more doubts than certainties, which has the markets pending any information that could give clues about the movements in interest rates, for which the inflation data next week will be crucial”, said an operator.

Tight monetary policy is “unequivocally” holding back the US economy, which will allow the Fed to act “more deliberately” on any further interest rate hikes, Richmond Federal Reserve Bank President Thomas Barkin said on Thursday.

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