Mexico City. The Mexican peso started Friday with a decline, in what is the third consecutive session of depreciation, due to a global rebound of the dollar after the Bank of Japan kept interest rates unchanged and expressed optimism about the direction of the economy. The domestic currency is trading at 19.33 per dollar, with … Read more
Mexico City., Following the broad rate cut by the United States Federal Reserve (Fed), awaiting the monetary policy decision by the Bank of Mexico this week, and given the monetary surprise in China, the Mexican peso starts the last week of September at levels close to 19.34 per dollar. At the opening of the American … Read more
Mexico City. The Mexican peso remains highly volatile, as it once again starts the session under pressure. The Mexican currency depreciated 0.18 percent at the opening of American markets this Thursday, trading at around 19.8216 pesos per dollar. Amid confirmation that the European Central Bank (ECB) cut its interest rates by a quarter of a … Read more
Mexico City. At mid-day on Thursday, the Mexican peso extended its appreciation against the dollar. The Mexican currency has appreciated 0.97 percent against the US currency, trading at around 19.5934 units per dollar. Amid confirmation that the European Central Bank (ECB) cut its interest rates by a quarter of a percentage point to 3.5 percent, … Read more
Mexico City. The peso extended its advance against the dollar at the start of the last day of the week, as the currency appreciated 0.53 percent compared to Thursday’s close. The exchange rate stood at 19.3899 units of the local currency for each US currency, a level that translated into a gain of 0.10 cents … Read more
Mexico City. At the start of the last day of the week, the peso depreciated 0.10 percent compared to Thursday’s close, as the exchange rate stood at 19.95 units of the Mexican currency for each dollar. Analysts at Grupo Monex commented that the peso is repeating the pattern of recent weeks, although it corrected part … Read more
Mexico City. The peso registered its third consecutive week of losses, this time due to the strengthening of the dollar after a mixed labor report in the United States, while domestically the progress in Congress of the process for judicial reform had an impact. In wholesale operations, the Mexican currency fell 6 cents (0.33 percent), … Read more
Mexico City. While awaiting the outcome of the debate on judicial reform in the Chamber of Deputies and amid fears about the economy, the Mexican peso is accelerating its fall against the dollar towards levels of 20 units per dollar. At the opening of the American markets, the Mexican currency depreciated by 0.78 percent, trading … Read more
Mexico City. Amid stronger economic growth in the United States, which has strengthened the dollar, and greater risk aversion in Mexico, the Mexican peso is once again weaker against the US currency and is heading back toward 20 per dollar. At the opening of the American markets, the Mexican currency has depreciated by 1.33 percent, … Read more
Mexico City. Against the backdrop of stronger economic growth in the United States, which strengthened the dollar, and heightened risk aversion in Mexico, the peso showed weakness and returned to heading towards 20 per dollar. The Mexican currency returned to losses, after the pause it made in the previous session when it depreciated by 0.98 … Read more