The dollar gains ground once morest the Mexican peso. The US currency has strengthened, as investors demand safe havens in the expectation of increasingly aggressive monetary measures, with the aim of slowing down the inflationwhich, in May, reached its highest level in the last 40 years.
On the other hand, at the beginning of the session, The Mexican currency was trading at its lowest level in two weeks on concerns of a possible economic recession. According to the 11:23 am ET update of Investing.comone of the most important financial portals, the peso has dropped 1.31%.
Meanwhile, at 11:26 a.m. ET, the dollar index, the DXYwhich tracks the behavior of this currency once morest a basket of the six most important currencies, can be found at 105,177 unitswith a gain of 0.68%, according to Investing.com.
In the last five days, the peso has depreciated around 2%, registering its second worst week of the last three, while DXY gains regarding 1.2%, linking four weeks in positive territory out of the last five.
It may interest you: Minimum wage increase in California: How much is it and when?
Price of the dollar today, July 1: Exchange rate in Honduras, Mexico, Guatemala, Nicaragua…
Thus is the dollar exchange rate in Mexico, Honduras, Guatemala, Nicaragua and Costa Ricathis Friday, July 1, at 11:28 am ET according to Investing.com.
Purchase
Sale
on the portal of Investing.com you can check the exchange rate in real time.