The price of the dollar in Mexico operates in the early hours of Friday on the rise, given the hope of investors and operators that the interest rate hikes in USA end after the slowdown in inflation in June and after the previous day’s gains.
The exchange rate is listed at 16,861 pesos per dollar, according to data from the Bloomberg agency.
Analysts point out that inflation in Mexico it has consolidated its deceleration trend so far in 2023. After last year reaching historical levels in the last 20 years, the indicators of consumer confidence and business confidence are beginning to show optimism.
dollar globally
The currencies of Latin America operated unevenly the day before due to the hope of investors and operators that the interest rate hikes in USA end after the slowdown in inflation in June and after the previous day’s gains.
However, the region’s stock markets reported gains in the first hours of trading.
The data of lower inflation in the United States in June reduced fears about the monetary tightening cycle of the Federal Reserve.
Source: Gestion
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