“The US Dollar Extends Gain Against Emerging Currencies Amid Debt Ceiling Concerns – Latest Exchange Rates in Mexico, Honduras, Guatemala, Nicaragua”

2023-05-17 14:37:30

The US dollar extends its gains. For the morning of this Wednesday, May 17, The greenback dawns with a considerable upward trend, gaining ground once morest various emerging currencies, including the Mexican peso, currency that fell back 0.91 percent, according to the financial portal Investing.com.

The rise of the dollar comes thanks to the possibility of non-payment by the American Union in case of not reaching an agreement to raise the debt ceilingo debt ceiling in English. US Treasury Secretary Janet Yellen has warned the White House and Congress that if they do not raise the debt limit by June 1, the nation would face various problems, which would push the economy to a possible recession.

At the moment, lobbying continues between the White House and Congress. In fact, yesterday President Biden met with Kevin McCarthy, the leader of the House of Representatives; however, it is reported that a mutual agreement continues far away.

According to analysts from Investing.com; in risky situations, The rise of the dollar is inevitable, since this currency, like the yen, is seen as a safe haven for investors. traders.

As for the dollar index (DXY)It is rose 0.45 percent, settling at 102,860 units, according to the aforementioned finance site. The DXY is used to measure the strength of the dollar once morest a basket with the six most important currencies globally.

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Price of the dollar today, May 17: Exchange rate in Mexico, Honduras, Guatemala, Nicaragua…

Next, How much is the US dollar today, Wednesday May 17, in Mexico and part of Central America, according to the most recent update of Investing.com (10:20 a.m. ET).

  • Mexico: 17.6780 Mexican pesos (MXN)
  • Costa Rica: 533.82 Costa Rican Colon (CRC)
  • Guatemala: 7.7982 quetzales (GTQ)
  • Honduras: 24.5708 lempiras (HNL)
  • Nicaragua: 36,5635 cordobas (NIO)

Purchase

  • Mexico: 17.6670 Mexican pesos (MXN)
  • Costa Rica: 520.90 costa rican colon (CRC)
  • Guatemala: 7.6136 quetzales (GTQ)
  • Honduras: 24.1092 lempiras (HNL)
  • Nicaragua: 36,1020 cordobas (NIO)

Sale

  • Mexico: 17.6882 Mexican pesos (MXN)
  • Costa Rica: 546.75 Costa Rican Colon (CRC)
  • Guatemala: 7.9829 quetzales (GTQ)
  • Honduras: 25.0323 lempiras (HNL)
  • Nicaragua: 37,0251 cordobas (NIO)

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