He dollar closed Friday’s session with profit. The US currency and the broader market were affected following the release of US Personal Consumption Expenditures (PCE) price index figures, which showed more moderation than expected.
On Friday, the Commerce Department released PCE data, the Federal Reserve’s favorite indicator for making decisions regarding the future of monetary policy. Excluding food and energy, the PCE rose 0.3%, below the experts’ estimatewhich placed it at 0.4%. On a 12-month basis, core PCE increased 4.6%, a slight slowdown from the January level.
Including food and energy, headline PCE increased 0.3% monthly and 5% annually. This slowdown suggests that the Federal Reserve may be close to ending its most aggressive cycle of interest rate hikes in decades.
This month, the Federal Open Market Committee (FOMC) raised the target range for the federal funds rate by 25 basis points, raising it to 4.75 to 5 percent. Meanwhile, and although there have been no new banking turbulences, the market remains cautious and awaits new increases from the Fed.
It may interest you: What does it mean that interest rates rise and how can it affect me?
Price of the dollar today, April 1: Exchange rate in Honduras, Mexico, Guatemala, Nicaragua…
After the market closes, the dollar index (DXY) registered a rise of 0.46%, settling at 102,285 unitsaccording to Investing.com, one of the most important finance portals. The DXY measures the value of the dollar relative to a basket of six of the major currencies: the euro, the Swiss franc, the Japanese yen, the Canadian dollar, the British pound, and the Swedish krona.
Meanwhile, thus closed the dollar exchange rate in Mexico, Honduras, Guatemala, Nicaragua and Costa Rica, And this is how it is this Saturday, April 1:
- Mexico: 18.0185 Mexican Pesos (MXN) -0.32%
- Costa Rica: 539.85 Costa Rican colon (CRC) +0.04%
- Guatemala: 7.8000 quetzales (GTQ) +0.13%
- Honduras: 24.6010 lempiras (HNL) +0.20%
- Nicaragua: 36.5750 Córdobas (NIO) +1.18%
Purchase
- Mexico: 18,0099 Mexican Pesos (MXN)
- Costa Rica: 538.40 Costa Rican colon (CRC)
- Guatemala: 7.7900 quetzales (GTQ)
- Honduras: 24.5510 lempiras (HNL)
- Nicaragua: 36,1500 cordobas (NIO)
Sale
- Mexico: 18.0271 Mexican Pesos (MXN)
- Costa Rica: 541.30 Costa Rican colon (CRC)
- Guatemala: 7.8100 quetzales (GTQ)
- Honduras: 24.6510 lempiras (HNL)
- Nicaragua: 37.00 Cordobas (NIO)