The weight reverses its advance

The weight reverses its advance

He Mexican peso depreciated against the US dollar on Monday. The local currency ended the day at a loss, despite having started to operate in positive territory, highlighting its technical operating levels, above the 17 unit zone. He exchange rate The day ended at the level of 17.1839 units per dollar. Compared to 17,0967 units, … Read more

The Mexican peso is off to a rough start in a year that could have many bumps in the road

The Mexican peso is off to a rough start in a year that could have many bumps in the road

The year 2024 presents many uncertainties in the path of the Mexican peso against the dollar. Photo: Getty Image. (Max Zolotukhin via Getty Images) The Mexican peso closed the year 2023 with a record appreciation against the dollar of almost 13% (under 17 units), making it one of the best performing emerging currencies in the … Read more

Blue Monday for the peso: it becomes ‘sad’ against the dollar and closes at 16.89

Blue Monday for the peso: it becomes ‘sad’ against the dollar and closes at 16.89

Written in ECONOMICS on 15/01/2024 · 15:41 The Mexican peso “experienced” its Blue Monday: this Monday it depreciated against the dollar and closed at 16.89 units for the greenback, according to data from the Bank of Mexico (Banxico). The above represents a loss of 0.1724% compared to the Central Bank reference price on Friday 12 … Read more

Dollar price today, January 15, 2024: The peso drops marginally

Dollar price today, January 15, 2024: The peso drops marginally

He Mexican peso started the week with a moderate decline compared to American dollar. The local currency lost ground after a little-changed day as financial markets in the United States closed for the Martin Luther King Jr. holiday. He exchange rate operations closed at 16.8907 units per dollar, with official data of Bank of Mexico … Read more

The ‘revenge’ of the dollar: the peso loses and heads towards 17

The ‘revenge’ of the dollar: the peso loses and heads towards 17

Written in ECONOMICS on 10/1/2024 · 3.55 pm After reaching its best level since August, the Mexican peso depreciated slightly and remained unchanged 16.99 units per dollar, according to data published by the Bank of Mexico (Banxico). This is the second consecutive day in which the Mexican currency depreciated against the North American one. And … Read more

The peso is ‘soaked’ in many troubles: it collapses against the dollar and closes at 16.95

The peso is ‘soaked’ in many troubles: it collapses against the dollar and closes at 16.95

Written in ECONOMICS on 01/09/2024 · 16:06 The Mexican peso is ‘going full steam’: this Tuesday it depreciated against the dollar and closed at 16.9576 units, according to data from Bank of Mexico (Banxico). The above represents a decline of 0.875% compared to the Central Bank reference price on Monday. Furthermore, the coin broke out … Read more

The peso ‘shakes’ the dollar: it reaches its best level since August and closes at 16.91

The peso ‘shakes’ the dollar: it reaches its best level since August and closes at 16.91

Written in ECONOMICS on 12/27/2023 · 16:07 The Mexican peso continues to enjoy its ‘sweet 16’: this Wednesday it rose to levels not seen in four months, amid a global weakening of the dollar due to persistent expectations that the Federal Reserve may soon cut interest rates. According to data from the Bank of Mexico … Read more