The Mexican peso stops the losses against the dollar and gives respite to AMLO – La Opinión


The dollar depreciated today 0.78 percent in front of Mexican peso compared to the previous day's price, after the opening of the markets, the Aztec currency recorded losses that almost reached $ 21 pesos per dollar in the banks' windows.

Thus, one dollar ended up at $ 20.36 pesos for sale and $ 20.35 pesos for sale, the Bank of Mexico reported.

In the banks, the price for a dollar was $ 20.65 pesos, after reaching $ 20.90 by mid-morning, which gave a truce to the president's government Andrés Manuel López Obrador, due to the economic uncertainty generated by their first decisions.

The positive day for the Aztec currency is due to the fact that the dollar has had a complicated international scenario, due to the low yield of US bonds, but it is feared that economic growth will be lower than estimates.

Bloomberg reported that the Mexican peso is the best performing currency, followed by the Japanese yen and the Swiss franc, which achieved gains of 0.60% and 0.55% respectively.

Another negative factor for the United States is the increase in commercial tensions, after the arrest of Meng Wanzhou, CFO (financial executive) of Huawei Technologies of China, at the request of the president's government Donald Trump.

The executive was captured in Vancouver on December 1 and his extradition is scheduled.

With information from EFE



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