The Mexican peso it depreciated this Friday for the third consecutive day due to a global strengthening of the dollar, while investors continued to assimilate the monetary policy announcements this week from the Federal Reserve, the European Central Bank and Banco de México.
The Mexican currency was trading at 19.8210 units per greenback, with a loss of 0.37% against the Reuters reference price on Thursday, in a session that was expected to be volatile due to the expiration of futures and options contracts in the United States and which is known What “Quadruple Witching Day”.
“Central bankers’ promises to keep raising rates until inflation is brought under control have markets worried about a possible economic downturn,” local firm CI Banco said in an analysis.
During the week, the peso accumulated a decline of 0.29 percent.
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