Peso is the second peor to divide the three approvals of AMLO’s electricity reform

El mexican peso if the market of these markets is as the second divides more deprecated front to dollar, through the approval of the reform of the Ley a la Industria Eléctrica ayer por la noche. El cambio type is located at 20.8080 units against a block of 20.6120 units, agreed with dates of the Bank of Mexico (Banxico).

The movement in the contribution is significant for the Mexican month with a loss of 19.60 cents, which is equivalent to a variation of 0.95 per cent. Only Brazil’s real returns more than the weight and its contribution contribute to the local division, which is between 20,8230 units and a minimum of 20,5535 units.

The Senate of the Republic approves the night of the reform of the Ley a la Industria Eléctrica. With 68 votes in favor and 58 votes against, the President’s proposal Andrés Manuel López Obrador fue avalada sin cambios, tras solo dos díus de discussions. The modification increases the perception of risk on Mexico.

‘It is probable that the mayor’s perception of risk generates pressure on everything about it cambio type in the short space and does not discuss the possibility of increasing new levels at 21 pesos per dollar “, explained in a note Gabriela Siller, Director of Economic Analysis and Finance for the local firm Bank basis.

In the external context, the Brazilian real is depressed and is struggling as the division with peer debate debated as it is the president of Brazil, Jair Bolsonaro, initiates a period of more interventionist policies and seeks the promotion of its market through the announcement of major mayors for financial institutions.

In addition, the governor of Jair Bolsonaro announced the end of a preferential regime for chemical companies, to record the taxes on diesel and coke gas. It should be noted that the real accumulates a 5% superior depreciation in five sessions with consecutive form losses, which contribute to the nervousness in the Mexican weight.

Finally, despite the fact that the real and the Mexican peso, the two divisions that have been most closely linked in recent years with the French franc and the Japanese yen, have reduced the demand for refuge divisions and a mayor appetite for risk. Esto provoca que el Índice Dólar (DXY) earned 0.23% and 91 points and a dia de menor nerviosismo worldwide.

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