The foreign exchange market in relation to the price of the dollar acted mixed during the session on Friday, following the publication of the results of the personal consumption expenditure (PCE) price index for the month of December. Furthermore, the market is expectant before the first monetary policy movement of the year by the Federal Reserve.
The PCE rose 5% year-on-year in December and 0.1% compared to November. On the other hand, the basic PCE, which excludes the food and energy categories, increased 4.4% year-on-year and 0.3% in December compared to November.
According to the Commerce Department report, the PCE shows that prices rose at a slower pace in December. This indicates that the measures taken by the Federal Reserve, with respect to the rise in interest rates, have had an effect.
As for the Federal Reserve, it is expected to announce its next interest rate hike on February 1. Although the increases will be less than last year, they will continue for a few months in 2023.
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Price of the dollar today, January 28: Exchange rate in Honduras, Mexico, Guatemala, Nicaragua…
After the market closes, the dollar index (DXY)which measures the value of the dollar relative to a basket of other major currencies, including the currencies of some of the United States’ major trading partners, is in 101,735 unitsaccording to Investing.comone of the most important finance portals.
In the meantime, This is how the dollar exchange rate is found in Mexico, Honduras, Guatemala, Nicaragua and Costa Rica, this Saturday, January 28.
- Mexico: 18.7660 Mexican Pesos (MXN)
- Costa Rica: 554.40 Costa Rican Colon (CRC)
- Guatemala: 7.8500 quetzales (GTQ)
- Honduras: 24.6628 lempiras (HNL)
- Nicaragua: 36,5400 gold cordobas (NIO)
Purchase
- Mexico: 18.7550 Mexican pesos
- Costa Rica: 553.60 Costa Rican colon
- Guatemala: 7.8400 quetzales
- Honduras: 24.5257 lempiras
- Nicaragua: 36,0800 gold cordobas
Sale
- Mexico: 18.7770 Mexican pesos
- Costa Rica: 555.20 Costa Rican colon
- Guatemala: 7.8600 quetzales
- Honduras: 24.8000 lempiras
- Nicaragua: 37,0000 gold cordobas