Photo: Ted Aljibe / AFP / Getty Images
The dollar begins the session this Wednesday 11 of May in the Mexican market, with a slight depreciation , with respect to the value of the previous day. The US currency at mid-morning is trading at a price of 20.28 pesos per dollar unit, with a downward trend.
At the bank window, the dollar for the purchase is quoted above the barrier of the 20 At a price of 20.05 pesos per unit. And for sale the dollar is quoted at 28.52 pesos per unit of greenback.
Inflation data for the month of April in the United States were known, which was at a rate annual at 8.3%, being that of March 8.5%. Which means that inflation has given a respite, a decrease in the monthly rate from March to April, which stood at 0.3%.
That inflation has given signs that it will begin to decline, it does not mean that the expectation is no longer that the Fed will raise its rate by 50 points, in the following two settings. However, we must bear in mind that Jerome Powell, president of the Fed, said that the possibility of a near recession “was not high”.
In the world economy, the monetary tightening of the central banks maintains the fear of “a slowdown in the world economy”; but this strengthens the dollar since investors see it as a safe currency.
Follow the price of the dollar in the Mexican market during the day and follow it in real time. You can also compare prices to find the best rate for your remittance.
– Updated report of the dollar in the Bank of Mexico: Exchange rate in Banxico .
– Average variation of the dollar in the different Mexican financial institutions: Price of the dollar in the banks of Mexico.
– Compare the price of the dollar for remittance transfers to Mexico from the United States with the best remittance companies: Compare prices.
1622577910142– You can also follow in real time the price of the main cryptocurrencies in the market that already accumulate losses of up to more than 11%, in the last 7 days. Bitcoin falls over the barrier of $30,000 Dollars. Price of cryptocurrencies.
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