At the beginning of the last exchange session of the week, the peso recovered ground against the dollar – the main currency to be negotiated in the market – with the exchange rate at 17.16 units per greenback, a gain of 0.24 percent with compared to yesterday’s closing. The exchange rate at the beginning of … Read more
Mexico City. High interest rates for longer continue to resonate through the markets. Pending new announcements and new reactions to geopolitical events, the dollar resumes its gains this Thursday. At the opening of the American markets, the Mexican peso operates with a depreciation against its US counterpart of 0.51 percent, to operate at around 17.0414 … Read more
Mexico City. The Mexican peso depreciated more strongly this Friday than other global currencies, shaping up to culminate a week of heavy losses, following news of an Israeli attack on Iranian soil that prompted investors to get rid of risky assets. The local currency MXN=, one of the most liquid among emerging markets, was trading … Read more
Mexico City. The peso and the Mexican Stock Exchange (BMV) culminated this Friday a week of losses due to growing concerns about an escalation of tensions in the Middle East and the persistent fear that the United States Federal Reserve (Fed) will maintain its interest rates higher for longer. The last session of the week … Read more
Mexico City. The Mexican peso depreciated this Friday for the fourth consecutive day in the face of a global strengthening of the dollar, due to growing expectations that the Federal Reserve (Fed) could extend its restrictive monetary policy. The domestic currency MXN= was trading at 16.6162 per dollar, with a loss of 1.11 percent compared … Read more
Mexico City. The peso against the dollar began the last day of the week with a gain of 0.78 percent or 12.9 cents, bringing the exchange rate to 16.46 units per greenback. At the start of the session, the Mexican currency with respect to the dollar, the main currency to be negotiated in the exchange … Read more