This Tuesday, December 6, the dollar continued to rise and at 9:08 am registered an average price of $4,828.49.
That is to say, 16.12 pesos above the TRM of the day, which is located at $4,812.37.
At the end of the day, it closed with an average trading price of $4,818.32.
Which implies 5.95 pesos above the TRM of the day.
(Read: With a difficult closing of 2022, these are the economic challenges in 2023).
The opening price of the day was $4,819.00. Finally, the maximum trading value was $4,836 and the minimum was $4,805.
The dollar vs. other currencies
The The euro fell below $1.05 on Tuesday due to risk aversion, which was also reflected in the falls in equities. The euro was trading around 4:00 p.m. GMT at $1.05, compared to $1.0537 in the final hours of European currency market trading the previous day.
The European Central Bank (ECB) set the euro reference change at 1.0516 dollars. Investors have opted for caution ahead of the upcoming US Federal Reserve (Fed) interest rate decision. Some data shows that the US economy remains strong and inflationary pressures remain.
(In addition: Government outlines agenda to review the FTA with the United States).
But Fed Chairman Jerome Powell recently hinted that December’s interest rate hike would be less aggressive than previous ones, at 50 basis points instead of 75 basis points. The single currency was exchanged in a fluctuation band between 1.0475 and 1.0532 dollars.
BRIEFCASE
With information from EFE*
