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Price of the dollar today in Mexico: how much is the exchange rate quoted this Wednesday, September 20?

Price of the dollar today in Mexico: how much is the exchange rate quoted this Wednesday, September 20?

The price of dollar in Mexico trades in the early hours of Wednesday lower, in the middle of the two-day monetary policy meeting of the Federal Reserve of USA.

The exchange rate is quoted at 17,076 pesos per dollar, according to data from the Bloomberg agency.

According to the ECLAC (Economic Commission for Latin America and the Caribbean), the Mexican economy would be one of those that will close 2023 with greater growth than GDP.

Mexico would register an expansion of 2.9%, while the region will grow on average 1.7%.

The projection has been revised upwards because the economy has shown positive numbers, above expectations.

Dollar globally

Most Latin American currencies and stock markets posted losses the day before, at the start of the Federal Reserve’s two-day monetary policy meeting. USA.

The FED Yobegins a two-day policy meeting on Tuesday in which policymakers are expected to hold interest rates on hold for now, but also to indicate in their new projections whether they believe rates still need to rise further before the end of the year. anus.

In June, the entity paused, but the quarterly economic projections that accompanied that decision showed that 12 of the 18 monetary leaders continued to anticipate two more quarter-point rate hikes by the end of the year.

Source: Gestion

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