By Ileana Garcia Mora
Investing.com – The opens the day this Wednesday, August 17, with losses against the dollar pending relevant macroeconomic data that give new guidance on the direction of the economy and its possible recession.
At 06:56 in the morning (Central Mexico time), the Mexican peso was trading at 20.03 per dollar, which represents a depreciation of 0.69%, according to real-time data from Investing.com.
Yesterday, the local currency ended the session at 19.91, with a depreciation of 0.37, registering a maximum of 19.97 and a minimum of 19.8182
The markets are waiting to know the figures in the United States, which will give indications about the effect of inflation on the level of consumer spending.
This data, in combination with that of the most recent monetary policy decision by the Federal Reserve, will be key to keeping track of what will happen to interest rates in the United States in September.
It is worth noting that this decision by the Fed will have a great impact on the interest rate decision that Banxico will hold in September.
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