The dollar depreciates once morest the Mexican peso and other currencies following the publication of the results of the personal consumption expenditure (PCE) price index for the month of December.
This indicator shows that prices rose at a slower pace in December, which shows thate The measures taken by the Federal Reserve, with respect to the rise in interest rates, have had an effect.
According to data shared by the Department of Commerce (via CNN), the Personal Consumption Expenditures price index increased by 5% YoY in December. On the other hand, only in December, prices rose 0.1% compared to November.
The Personal Consumption Expenditures, or PCE, price index rose 5% year-on-year in December, the Commerce Department reported Thursday.https://t.co/ArJxX15LkD
— CNN in Spanish (@CNNEE) January 27, 2023
In the meantime, Core PCE, which excludes the more volatile food and energy categories, increased 4.4% annually. This rate is below the November annual rate of 4.7%. Regarding the monthly data, the basic PCE rose 0.3% in December.
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Price of the dollar today, January 27: Exchange rate in Honduras, Mexico, Guatemala, Nicaragua…
Regarding the dollar, at 3:50 pm ET, the dollar index (DXY), which measures the value of the US dollar relative to a basket of other major currencies, including the currencies of some of the United States’ major trading partners, is at 101.93 units, according to Investing.comone of the most important finance portals.
In the meantime, This is how the dollar exchange rate is in Mexico, Honduras, Guatemala, Nicaragua and Costa Rica, this Friday, January 27: