news agency
Price of the dollar today in Mexico: what is the exchange rate at this Friday, May 26?

Price of the dollar today in Mexico: what is the exchange rate at this Friday, May 26?

The price of the dollar in Mexico operates downwards in the early hours of Friday, amid the uncertainty that affects the markets due to the lack of an agreement to the negotiations that are carried out in USA to increase the public debt ceiling and avoid default.

The exchange rate is listed at 17,858 pesos per dollar, according to data from the Bloomberg agency.

The CEO of BBVA Mexico, Eduardo Osuna, estimated that the mexican economy it could grow at a rate of 2.4% in 2023, driven by the increase in the minimum wage, a strong labor market, dynamism of the industry, reactivation of tourism and strength of exports.

“It must be said that our growth expectation for the year just six months ago was above 1% and today we are changing the growth forecast to 2.4%”, said.

In addition, he pointed out that the new economic growth rate for 2023 would be given by the economic evolution of the first quarter, when the gross domestic product advanced 3.6% on an annualized basis.

dollar globally

The currencies of Latin America fell the day before in another day of losses, amid the uncertainty that affects the markets due to the lack of an agreement to the negotiations that are carried out in USA to increase the public debt ceiling and avoid default.

The dollar rose for a fourth straight session against a basket of currencies on Thursday and hit a two-month high, according to Reuters Agency, as US economic data showed the economy’s resilience even after the aggressive rate hike cycle. of the Federal Reserve.

The number of Americans filing new claims for jobless benefits increased moderately last week and data for the previous week was revised down, suggesting continued strength in the labor market.

Source: Gestion

You may also like

Hot News

TRENDING NEWS

Subscribe

follow us

Immediate Access Pro