The price of the dollar in Mexico operates in the early hours of Friday on the rise, in a day in which operators remain attentive to the December inflation report in USA which will be published later.
The exchange rate is listed at 17,584 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 regarding monetary policy to avoid excessive inflation.
In this sense, since December 6, 2022, the price of the Mexican peso has improved against the dollar.
dollar globally
Most of the currency and stock markets in Latin America closed the previous day with a bearish trend, due to investors’ preference for dollars, while they digest weak data from the economy of China and others of USA.
China’s consumer prices rose at a slower pace in April, below market expectations, as industrial deflation deepened, according to official data, suggesting further stimulus may be needed, according to Reuters Agency. to boost economic recovery.
In the United States, initial claims for state jobless benefits spiked last week to the highest level since the end of 2021, showing that rising interest rates are starting to weigh on the US. working market.
Source: Gestion
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