El mexican peso is depreciating in front of the dollar this March, with the one ending in its quarter with losses of consecutive manners. El cambio type ended operations with a level of 20,7690 units per ticket against 20,5800 units, following the official dates of the Bank of Mexico (Banxico).
The movement in the contribution means for the local division a reduction of 18.90 cents, equal to 0.92 per cent. It operates in an aborted range with a maximum of 20,8348 pesos and a minimum of 20,5418 pesos. Of the stock (20,3500 pesos) accumulated over the period 41.90 cents or 2.06 per cent.
The depreciation of the peso is recorded in a fortification session for the division of the state in which the words of the President of the Federal Reserve (Fed) are removed, Jerome Powell, and the Treasury of the Treasury, Janet Yellen, ante la Comisión de Servicios Financieros de la Cámara Baja del Congreso.
Powell described the rise of inflation in the midst of the midterms that have taken the central bank to boost the world economy mayor in the midst of the pandemic of Covid-19. “We hope that inflation will decrease during the year. This increase will not be particularly large or persistent”, urges it.
In his intervention, Yellen, questioned about the imposition of taxes on businesses and other rubrics that could be made even better, because the program is centered on “the economy that is needed to be competitive, by requiring subsidies.” to compensate for the costs.
The objective of comparing previous legislators is to convey the advancement of the United States economy and the efficiency of fiscal and monetary media. At the bottom of the peso, the Dollar Index (DXY), which ranks second among its six monthly reference numbers, is 0.68% at 92.37 points.
Cabe points out that since the beginning of this year, the yields of the treasures of Tesoro bajaban by the tempos related to the high figures of Covid-19, which have been raised by the goblins of the goblins to evacuate to their people, explain the Banco Base.