economy and politics

Price of the dollar registers a slight drop but remains close to 4,600 pesos

Price of the dollar registers a slight drop but remains close to 4,600 pesos

This Monday, October 10, the dollar began the day with a slight drop. The foreign currency, for 9:00 am, registered a trading price of $4,599.84. In other words, 5.45 pesos below the TRM for the day, which stands at $4,605.29.

The opening price of the day was $4,600. For now, the maximum trading value has been $4,606.40 and the minimum $4,597.

(Read: This is how the bid for the increase in the minimum wage would start).

It should be remembered that the foreign currency will probably not undergo major changes during the day due to the holiday in the United States.

Recently, the value of the currency has been determined by unemployment in the United States. Job creation slowed in September, with 263,000 new jobsless than in August (315,000 jobs), but more than expected.

(See: Price of the dollar does not let up, will it continue the same upward trend?).

Various members of the Fed have been in favor of continuing the aggressive increases in interest rates, such as the president of the Federal Reserve Bank of Cleveland, Loretta Mester, and the governor of the Christopher Waller. The single currency was traded in a trading band between $0.9729 and $0.9816.

BRIEFCASE
With information from EFE*

Source link