The Mexican currency traded this Wednesday with an appreciation against the dollar, after the inflation data in the United States was released, which was in line with what analysts expected.
In addition, the foreign exchange market continues to assimilate what was said yesterday by the president of the Federal Reserve, Jerome Powell, who indicated that the United States economy was ready for a stricter monetary policy.The Mexican currency appreciated 0.24 percent after two days of losses, with which the exchange rate was quoted at 20.3468 pesos per dollar, according to data from the Bank of Mexico (Banxico).
The exchange rate reached a minimum of 20.3174 pesos per dollar and a maximum of 20.4447 during the day.”The exchange rate shows a relatively lateral trend so far this week, being mainly affected by external factors,” said Vector analysts.At bank windows, the dollar is sold for 20.87 units, according to data from Citibanamex.The Bloomberg dollar index, which measures the strength of the greenback against a basket of 10 currencies, shows a drop of 0.64 percent to 1,165.67 points, its strongest drop in just over a year. The most appreciated currencies during this Wednesday are the Turkish lira, with 4.38 percent; the Hungarian forint, with 1.73 percent; the Norwegian krone, with 1.54 percent; the South African rand, with 1.46 percent; the Czech crown, with 1.16 percent; the Swedish crown, with 1.07 percent; the Australian dollar, with 1.06 percent; the Swiss franc, with 1.04 percent and the New Zealand dollar, with 0.93 percent.
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