The peso ‘loses its spirit’ after the outbreak of COVID-19 in China

The peso 'loses its spirit' after the outbreak of COVID-19 in China

The peso shook against the dollar on Tuesday, amid a slight increase in currency volatility, in an environment where global risk appetite remains in place after the US Federal Reserve (Fed) announced stimulus measures still older and the data in the United States came out better than estimated.

According to data from Banco de México (Banxico), the Mexican currency registered a marginal depreciation of 0.32 percent, or 7 cents, bringing the exchange rate to 22.24 units, this in the interbank sphere. Thus, the weight interrupted two days of progress.

At the bank window , the dollar is trading at 22.34 pesos, according to Citibanamex. During the sessions, the national currency touched a maximum of 22.3594 pesos per dollar, at 10:00 am. While the minimum was 21.8940 units, at 7:52 a.m.