The value of the Mexican peso against the dollar continued to strengthen this Wednesday after the Federal Reserve (Fed) of the United States announced, as expected by investors, an increase of 25 basis points at your benchmark rate.
The above while the monetary authorities fight against inflation and a banking crisis that has pushed the US central bank to take its biggest emergency measures since the start of the pandemic.
What is the price of the dollar this Wednesday, March 22?
The wholesale price of the dollar it was located around 18.44 pesos, which means an appreciation of 0.79% or 15 cents compared to the close of the previous day, according to data from Bloomberg.
This is the second meeting in a row that the Fed has announced a hike of this magnitude, raising the rate to a new range of 4.75% and 5.00%, the highest since September 2007.
For its part, the retail US currency is sold below 19 units, at 18.89 pesos at bank windows, a figure of 1.0% or 19 cents below Tuesday’s close, according to data from CitiBanamex.
JM
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