As market participants closely follow how diplomatic agreements to stop the US war in the Middle East unfold, the Mexican peso reported moderate changes.
The figures of Bank of Mexico (Banxico) They placed the Mexican currency in the 17.35 pesos per dollarwhich represented a depreciation of 0.11 percent or 1.93 cents, compared to its previous close.
At the same time, the dollar index (dxy), which is responsible for measuring the strength of the North American currency against a basket made up of six developed countries, reported an advance of 0.27 percent, at 99.18 integers. For its part, the Bloomberg dollar index (bbdxy) added 0.25 percent at 1,201.86 units.
“He USD/MXN exchange rate The session began with a bearish bias, but corrected upwards due to the high sentiment of caution, related to tensions in the Middle East. During the week, investors will focus their attention on the peace negotiations, in order to adjust their risk exposure levels through currencies of emerging economies,” said Janneth Quiroz, director of economic, exchange and stock market analysis at Monex.
How is the dollar quoted TODAY?
At bank windows the price of the dollar now stands at 17.78 pesos each, according to data published by Banamex.
In the money market, the yield on the 10-year bond for the United States is 4.51 percent, while the 10-year bond in Mexico remains at a level of 9.16 percent.
Among the emerging currencies that fell the most were the Russian ruble 1.41 percent, Argentine peso 1.22 percent, Hungarian forint 0.65 percent, South Korean won 0.60 percent, South African rand 0.46 percent, Polish zloty 0.34 percent, Chilean peso 0.28 percent, Philippine peso 0.23 percent, to name a few.
