The dollar strengthened against the Mexican peso. The US currency has strengthened as investors sought safe havens in anticipation of increasingly aggressive monetary measures aimed at slowing inflation, which in May reached its highest level in 40 years.
Whereas, at the beginning of the session The Mexican currency was trading at its lowest level in two weeks on concerns of a possible economic slowdown. As of 11:23 AM ET update from Nation World News, one of the most important financial portals, the peso is down 1.31%.
Meanwhile, at 11:26 p.m. ET, the Dollar Index, DXYwhich tracks the behavior of this currency against a basket of the six most important currencies can be found here 105,177 unitsWith a gain of 0.68% according to Nation World News.
In the last five days, the peso has fallen by about 2%, the second worst week out of the past three, while Adding four weeks to positive territory out of the last five, DXY gains around 1.2%.
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Dollar price today, July 1: Exchange rate in Honduras, Mexico, Guatemala, Nicaragua…
Is in this type Dollar exchange rates in Mexico, Honduras, Guatemala, Nicaragua and Costa RicaAs of this Friday, July 1st at 11:28am ET Nation World News.
In the Nation World News portal you can check the exchange rate in real time.