The first decisions of AMLO give respite to the Mexican peso against the dollar – La Opinión

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Markets were nervous about the start of the new government in Mexico, led by Andrés Manuel López Obradorsince the dollar price is one of the clearest indicators.

The first working day of the "AMLO era", the weight gained, even if minimal, but significant after the losses accumulated in the last weeks, after the cancellation of the New Mexico International Airport (NAIM).

The dollar depreciated today by 0.68% compared to the Mexican peso compared to its previous day's price, sold for $ 20.31 pesos and bought for $ 20.30 pesos, the Bank of Mexico reported.

The first major decision by Lopez Obrador on NAIM is that it will continue to build, to meet the financial commitments made with investors, said the new president.

Although the final decision of the NAIM has been assessed, for the moment the new Mexican president has sent positive signals.

The Aztec currency also benefited from the cessation of trade between China and the United States, agreed by the leaders of both countries, for at least 90 days.

In the banks the dollar was sold for $ 20.60 pesos, even figures far from his best moments of the year, who have reached less than $ 18 pesos in April.

With information from EFE


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