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Peso Loses Ground by Trump's Visit to the Fed; Quoted at 18.56 per Dollar
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The Mexican peso opens with a slight setback against the dollar after having reached a minimum in almost a year. The local currency gave way to the strengthening of the green ticket after President Donald Trump visited the facilities of the Federal Reserve (Fed), thus relieving uncertainty about the permanence of Jerome Powell. The Mexican currency records a depreciation of 0.04% compared to the previous session and the exchange rate quoted at 1…
At the local level, the performance of the peso is also explained by the expectations surrounding the monetary policy of the Banco de México.
·Mexico
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