The price of dollar in Mexico operates in the early hours of Tuesday to the rise, after a data of the growth in China which was below expectations.
The exchange rate is listed at 16,728 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 monetary policy measures to avoid excessive inflation.
In this sense, since December 6, 2022, the price of the Mexican peso has improved against the dollar.
dollar globally
The Latin American currency and stock markets registered a mixed close the previous day, after reversing important early losses, when they fell dragged by their global peers, after growth data was released in China which was below expectations.
China’s economy grew sluggishly in the second quarter as demand slowed both at home and abroad, bringing the post-crisis momentum of the coronavirus it is faltering rapidly and pressure is mounting on economic leaders to apply more stimulus to prop up activity.
Gross Domestic Product grew just 0.8% in April-June from the previous quarter on a seasonally adjusted basis, data published by the National Statistics Office showed on Monday, ahead of analysts’ expectations in a Reuters poll of a 0.5% increase and compared to a 2.2% expansion in the first quarter.
Source: Gestion
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