The Mexican peso operates stable against American dollar this Thursday. The local currency gains ground marginally, after having appreciated yesterday after the monetary policy announcement of the Federal Reserve (Fed).
The exchange rate stands at 20.6056 units, against the record of 20.6087 units from yesterday’s close of Bank of Mexico (Banxico). This means a marginal gain for the peso of 0.02% (less than a cent).
The cross operates in a limited range between a maximum of 20.6673 units and a minimum of 20.5628 units. The Dollar Index (DXY), which measures the greenback against a basket of six currencies, fell -0.53% to 98.10 points.
The peso continues to strengthen against the dollar, derived from the fall it had against the basket of six currencies, explained Metanalisis. It outlines five breakthroughs; At yesterday’s close he was up 34.40 cents or 1.64 percent.
The Federal Reserve announced yesterday its decision to raise its reference rate by 25 base points, a move expected by the market. Some analysts mentioned that the Fed calmed down by confirming this possibility.
Investors, meanwhile, have been buoyed by recent signs of progress in Russia-Ukraine peace talks, which some Russian officials have mentioned to the media.