At the beginning of the session on Friday, The dollar lost its strength against the pesoSince the Mexican currency has strengthened on expectations that the Federal Reserve will be less aggressive in rate increases, inflation as of July has been lower than expected by economists.
The Mexican currency is trading at its strongest level in seven weeks. In the past five days, the peso has risen 2.5%, its best weekly performance since March.
in the meantime, Dollar Index, or DXYwhich tracks the behavior of this currency against a basket of the six most important currencies, It rose 0.59% to stand at 105.618 unitsaccording to an update at 11:54AM ET from Investing.com, one of the largest funding sites.
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The price of the dollar today, August 12: the exchange rate in Honduras, Mexico, Guatemala, Nicaragua …
This is the dollar exchange rate in Mexico, Honduras, Guatemala, Nicaragua and Costa Rica, on Friday, August 12, at 11:55 a.m. ET, according to Investing.com.