The price of dollar in Mexico operates in the early hours of Wednesday to the downside, in the midst of uncertainty due to the lack of agreement in the negotiations in USA to increase the debt ceiling and avoid a default.
The exchange rate is listed at 17,968 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 with losses on Tuesday, pressured by a slight advance of the dollar in global markets and by uncertainty due to the lack of agreement in the negotiations in USA to increase the debt ceiling and avoid a default.
According to Reuters Agency, the dollar It rose for the second day in a row on Tuesday, briefly touching a six-month high against the yen on expectations that US interest rates will stay higher for longer.
Among the many heavyweights of the Federal Reserve who spoke on Monday, some hinted that the central bank needed to keep tightening monetary policy.
Meanwhile, representatives of the president Joe Biden and congressional Republicans ended another round of debt ceiling talks on Tuesday with no sign of progress, days away from the deadline to raise the government’s $31.4 trillion borrowing limit or run out of the risk of defaulting on payments.
Source: Gestion
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