The price of dollar in Mexico operates slightly upwards in the early hours of Thursday, after favorable data from the economy of China that promoted the appetite for risky assets, such as those in the region.
The exchange rate is listed at 18,118 pesos per dollar, according to data from the Bloomberg agency.
Victoria Rodríguez Ceja, Governor of the Bank of Mexico (Banxico), reported that economic growth in 2023 and 2024 will be lower due to a deterioration in the expectations of industrial activity in the United States.
“By 2023, GDP growth is expected to be between 0.8% and 2.4%, with a central estimate of 1.6%,” said the economist during the presentation of the Quarterly Report October-December 2022.
dollar at the regional level
The currency and stock markets of Latin America operated with an upward bias in the early hours of the session yesterday, after favorable data from the economy of China that promoted the appetite for risky assets, such as those in the region.
According to Reuters Agency, China’s manufacturing activity grew in February at the fastest pace in more than a decade, exceeding market expectations.
However, agents continue to gauge the monetary policy messages of the developed economies, especially what will be the next movement of the Federal Reserve US.
Source: Gestion
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