The dollar pressures the Mexican peso to 20.47 units

The dollar pressures the Mexican peso to 20.47 units

Mexico City. The strengthening of the dollar worldwide once again leads the exchange rate to decisively break the psychological level of 20 pesos per dollar. At the opening of the American markets, the Mexican currency shows a depreciation of 1.54 percent, to operate at around 20.4759 pesos per dollar. Still with the recent victory of … Read more

“It’s a good opportunity to get out of the exchange rate trap” ECONOMY El Intransigente

“It’s a good opportunity to get out of the exchange rate trap” ECONOMY El Intransigente

The economist Fausto Spotorno sure that the conditions for exit from exchange rate Could improve at the end of the year, mainly because of the drop in inflation, the floor of the exchange gap and the increase in reserves. However, he warned that the decision could cause a downturn. Spotorno said that “the Government is … Read more

Dollar price opens higher near 20 wholesale pesos; the peso begins with a depreciation of 0.98%

Dollar price opens higher near 20 wholesale pesos; the peso begins with a depreciation of 0.98%

The mexican currency in the international markets opens in 19.99 pesos per dollar this Friday, which means a depreciation of 0.98% or 19 cents compared to the previous day, according to information from Bloomberg. In the overnight session, the exchange rate presented volatility with an upward bias. Today, the weight is part of the 74% … Read more

Mexican peso starts the week at 20.05 per dollar

Mexican peso starts the week at 20.05 per dollar

Mexico City. With an eye on the United States, the dollar suffers a significant setback worldwide, as uncertainty is latent in the day before the presidential elections of Mexico’s main trading partner. At the opening of the American markets, the Mexican peso recovers against the weakness of the dollar, operating with an appreciation of 1.05 … Read more

Index – Economy – In low flight, the forint and the dollar shot up against all other means of payment

Index – Economy – In low flight, the forint and the dollar shot up against all other means of payment

As we reported on Tuesday, the forint hit a 23-month low against the euro on the day of the US presidential election. The Hungarian currency touched HUF 410 on Tuesday morning, and after that it strengthened somewhat, but by Wednesday morning it was already above HUF 411. With all of this, the Hungarian currency fell … Read more

Exchange rate: After the storm, does calm come to the dollar? | OPINION

Exchange rate: After the storm, does calm come to the dollar? | OPINION

(October 31, 2024) The DXY index, which measures the strength of the dollar United States against a basket of foreign currencies of developed countries, it had a negative trend in recent months until reaching its minimum point after the cut of the FED of 50 basis points in the USA. The interpretation that the market … Read more

Financial markets close mixed; peso about 19.94 per dollar

Financial markets close mixed; peso about 19.94 per dollar

Mexico City. The Mexican currency tried to move away from the psychological level of 20 pesos per dollar. The Mexican peso registered a daily appreciation of 0.14 percent, equivalent to 2.8 cents, to close at 19.9478 pesos per spot dollar. The gain of the national currency slowed, since before the opening its price was around … Read more

What are the reasons for the decrease in production and the increase in the import bill?

What are the reasons for the decrease in production and the increase in the import bill?

09:28 PM Wednesday, October 23, 2024 Books – Muhammad Abu Bakr: Engineer Karim Badawy, Minister of Petroleum Resources and Minerals, reviewed at the weekly press conference held by Dr. Mostafa Madbouly, Prime Minister, after the government meeting, today; The challenges faced by the oil and gas sector in the recent period, due to the slowdown … Read more

Prime Minister: Everything raised about the exchange rate is rumours- Youm7

Prime Minister: Everything raised about the exchange rate is rumours- Youm7

He said Dr. Mostafa MadboulyPrime Minister, there is no truth in what has been raised recently about… Exchange rate And follow all the rumors that have been circulating: show him International Monetary Fund How to review the schedule and targets of the Egyptian program, according to the interest of Egypt, explaining that the goal is … Read more