US EditionDollar vs. Rate: Key Weeks Ahead Looking Ahead to October
Summary by Ricardo Raul Benedetti
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The recent turbulence in the local market highlighted the "red thread" between the dollar and the peso interest rate: if the rate is too low, demand for dollars increases and the dollar seeks a higher equilibrium. What has been happening in the financial and foreign exchange markets is a veritable roller coaster, not only in terms of prices but also in investors' expectations and mood. Volatility has taken hold of both the interest rate and the …
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