Peso recovers 1.53% in early March due to stability recovery in Treasury bonds

El mexican peso close with a strong front window to dollar the first day of March. El cambio type ended the session in 20.6240 units against a pile of 20.9440 pesos per dollar of the four, with dates of the Bank of Mexico (Banxico).

Movement in parity means for the local month a significant gain of 32 cents, which is equivalent to a variation of 1.53 per cent. It moves between a maximum of 20.8715 units and a minimum of 20.5775 pesos.

Hoy the advance of the peso was the result of the stabilization of the yield bags of the bonuses of the Tesoro estadounidense, after alzas registered in the last days of the month of February, that dieers signals about inflationary times.

In honor of the Bank of Mexico, the yield of the treasury of the Treasury in 10 years is met by the maximum of one year that the Jews have. Operators tomaban won in the dollar peso tras ver el viernes su peor cierre since the beginning of November.

Another factor that is important to the market is the approval of the tax assessment plan for the state economy in the Chamber of Representatives. The 1.9 trillion dollar project raises the expectations of a recovery loan.

This context provokes that the dollar gains ground front to divided divisions. The Dollar Index (DXY), which used the ticket against its six-month reference month, fell 0.17% to 91.03 units.

“The dollar advances in front of its principal pares, but in front of the Latin American divisions retreats. Against the peso rebate of 21 units and regresses deba of technical resistance in 20,7100 units,” explains ActivTrades.

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