The price of dollar in Mexico trades lower in the early hours of Friday as asset managers digested messages from Fed officials Federal Reserve US.
The exchange rate is listed at 17,182 pesos per dollar, according to data from the Bloomberg agency.
At a general level, the expectations for the mexican economy have improved, driven by the first quarter result, which was above expectations. National and international organizations expect growth of between 1.5 and 3% for this year.
Of the international organizations, the Organization for Economic Cooperation and Development (OECD) is the one with the highest projection, at 2.6%.
While of the local institutions, the Ministry of Finance and Public Credit (SHCP) is the most optimistic and expects growth of 3%.
dollar globally
Most of Latin America’s currency and stock markets closed the previous day lower as asset managers digested messages from Fed officials. Federal Reserve US.
The Chairman of the Federal Reserve, Jerome Powell, He said that inflation in general has decreased due to energy and food prices, but not mainly due to monetary policy, for which he considered that there is a long way to go.
In her turn, Federal Reserve Governor Michelle Bowman said earlier that “additional interest rate hikes” will be needed to rein in inflation that she said has essentially been stuck at a high level since late last year. .
Source: Gestion
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