Mexican Beso continued to praise the US dollar on Tuesday morning, reaching its strong position since last October.
Mexico city time after 11 am, US dollar: MXN rate 19.25, According to Yahoo Fund!Compared to the end of the dollar on Monday 19.32, Peso refers to nearly 0.4% compliments.
Mexico Bank said it was praised on Monday after the dollar was closed 19.47 last Friday.
This week strengthened Beso, the dollar weakened against various currencies after the Mood’s estimates were rated on Friday by the highest AAA level to the AA1 by a peak on Friday.
Quality of Reuters reported“Due to concerns about the country’s growing, $ 36 trillion debt pile, President Donald Trump will reduce the taxes and complicate efforts to send ripples through global markets.”
Newspaper Mileenio reported that Green Pack’s widespread sales on Monday are in the light of the US loan rating.
Shortly after President Claudia Shinebam took office at 19.26, Peso was not strong since mid -October.
After completing 20.63 $ 2024, Beso has a good 2025. However, it did it Weaken more than 20.8 to Green Pack in April After China increased a trade war because of Trump’s most “mutual fees”.
Although Trump has imposed fees for some imports from Mexico, Beso has praised nearly 8% of the US president’s second post on January 20.
Newspaper The Economist Mexico has said that Mexico has been exempted from some US fees (such as “mutual fees” in April), “High International Balas”, Mexico’s “High International Balance”, Expectation of Low Interest Rates in Mexico and “Green Back Weakness”.
Bank of Mexico Reduce its Benchmark interest rate to 50 base points to 8.5% last week.
(Tagstotranslate) peso dollar moody’s
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