At the close of the session this Monday, the exchange rate “broke” the floor of 18 pesos per dollar, while the markets relax their nervousness about future constitutional reforms, particularly the judicial one.
The dollar stood at 17.9705 pesos, an appreciation of 0.81% per national currency compared to the previous closing, according to Banxico data. With this, the exchange rate returns to the level of 17 units per dollar, where it has not been since June 6.
The dollar index remained lower during the session and closed with a depreciation of 0.33% percent with the Monex financial group. “So we could say that the behavior of the peso was influenced by the relaxation of nervousness in local markets and the local biweekly inflation figure,” a report states.
“Towards overnight, we would expect the peso to oscillate in a range between $17.85 and 18.05 (modified with respect to the midday report), considering the current trend of the exchange rate and maintaining attention on a possible correction,” it is added.
The Inegi, for its part, reports that general inflation in the first half of June advanced to 4.78%, the highest annual rate since the first half of May.
Dollars. (FILE)
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2024-06-27 02:05:57