Peso Weakens Anew vs Dollar as Markets Await Clarity on Trump Tariffs - BusinessWorld Online
12 Articles
12 Articles
The Mexican peso presents a moderate depreciation in the early hours of this Thursday, digesting the data of inflation in Mexico regarding June and the recent announcements made by US President Donald Trump waiting for more informationSo far, the data reported by Bloomberg indicate that the Mexican currency has a depreciation of 0.33 percent or 6.07 cents compared to its movements yesterday; the exchange rate is located at 18.69 pesos per dollar…
Tariffs, geopolitical tensions, weak dollars – and still prices are rising. What looks like a success is a dangerous downside.
Peso weakens anew vs dollar as markets await clarity on Trump tariffs - BusinessWorld Online
THE PESO weakened against the dollar on Wednesday after US President Donald J. Trump said he would announce higher tariff rates on more countries as well as levies on other goods such as copper, semiconductors and pharmaceuticals. The local unit closed at P56.57 per dollar, dropping by 22 centavos from its P56.35 finish on Tuesday, Bankers Association of the Philippines data showed. The peso opened Wednesday’s session weaker at P56.55 against th…
The Mexican peso opened the day with a 0.56% depreciation, a loss of 10 cents compared to the previous close. According to Bloomberg, the exchange rate stood at 18.71 pesos per dollar in international markets, amid an overnight session marked by upward volatility. Monex analysts attribute this decline to market concerns following former US President Donald Trump's announcement of the imposition of a 35% tariff on all products from Canada, effect…
Mexico City, July 10. As the economic agents continue to assimilate the new commercial threats of Donald Trump, president of the United States, the Mexican peso lived a volatile day, pressured by a timid gain of the dollar worldwide, but managed to close at its best level since July last year. The Mexican currency presented a comeback regarding the opening, recording a daily appreciation of 0.06 percent against its similar US, to close at 18,616…
By Guillermo HB Castaño-Especial of Total News Agency- Some economists and personalities of industry and commerce insist with the theory that the exchange rate peso/dollar is delayed and that the peso should be devalued to achieve competitiveness for exports and receptive tourism! We analyze it: In posts of X in January 2024 we recommend selling dollars and making investment in pesos, from the safest as a fixed term, onwards; then in January 202…
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