The price of the dollar in Mexico operates downward in the early hours of Tuesday, while the attention of the markets continued to be focused on the negotiations that are taking place in USA to increase the debt limit and avoid falling into a default.
The exchange rate is listed at 17,890 pesos per dollar, according to data from the Bloomberg agency.
It should be mentioned that the Mexican coin It 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.
In this sense, since December 6, 2022, the price of the Mexican peso has improved against the dollar.
dollar globally
Most of the Latin American currencies closed lower the previous day, in the midst of a global advance of the dollar, while the attention of the markets remained focused on the negotiations that are carried out in USA to increase the debt limit and avoid falling into a default.
According to the Reuters Agency, another issue that worried the markets is the uncertainty regarding the next steps that the Federal Reserve in terms of monetary policy, after recent statements by various officials of the entity.
The dollar rose against the Japanese yen on Monday, just below six-month highs, as investors waited for signs on whether the Fed will continue to raise interest rates and awaited news on whether the US Congress will raise the interest rate ceiling. debt.
Source: Gestion
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