The dollar starts the session with losses once morest the Mexican peso. The Mexican peso appreciated this Thursday in the face of a global weakening of the dollar, with which it resumed a streak of gainswhich was cut short on Wednesday due to higher demand for safe assets ahead of concerns regarding the inflation and the recovery of the global economy.
According to an analysis by Monex, emerging currencies operate mixed. In particular, the Mexican peso is operating in positive territory, to rank as the fifth currency with the highest gains once morest the dollar.
The dollar index (DXY) which measures the performance of the currency once morest a basket of the six most traded currencies, has fallen 1.04% to settle at 102.78 unitsat 11:47 a.m. ET.
The currencies and stock markets of Mexico and Central America registered a disparate behavior yesterday while they continue to digest the statements of Jerome Powell, president of the United States Federal Reserve (Fed), who indicated that the central bank will not hesitate to raise interest rates as much as necessary to quell rising inflation.
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Price of the dollar today, May 19: Exchange rate in Honduras, Mexico, Guatemala, Nicaragua…
In accordance with Investing.comone of the world’s leading financial websites, this is the exchange rate in Mexico, Honduras, Guatemala, Nicaragua and Costa Rica, this Thursday, May 19, at 12:00 pm ET.
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