The price of dollar in Mexico operates in the early hours of Thursday to the downside, despite the advance of the dollar in international markets, while the attention of the investors began to focus on the monetary policy meeting that will be held next week by the Federal Reserve of USA.
The exchange rate is listed at 18.8347 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 the Latin American currencies closed with gains the day before, despite an advance of the dollar in the international markets, while the attention of the investors began to focus on the monetary policy meeting that will be held next week by the Federal Reserve of USA.
Economists polled by Reuters expect the fed raise rates by 25 basis points and most are betting this will end the current cycle of central bank tightening.
The dollar index, which compares the greenback against a gray of six major currencies, rose about 0.3%.
Source: Gestion
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