He Peso weakens against the dollar because at the close of the day today september 25ththe Mexican currency suffered a depreciation of almost 2% against the greenback.
According to what is indicated in the indicators, by continuing with its depreciation against the dollarhe weight signed the one in question his greatest loss for more than 3 months.
The above is due to the fact that at the end of the work day today september 15ththe national currency suffered a fall very close to 2% against the United States currency.
Peso closes with new depreciation against the dollar (Michelle Rojas / SDPnoticias)
Peso suffers new fall against the dollar; lost almost 2%
After managing to break a streak of 4 consecutive days of decline, the weight Mexican suffered a new fall before the dollar American at the close of the markets today september 25th.
In this regard, the indicators indicate that in international markets The national currency was located at 19.67 units per dollarwhich implies that depreciated by almost 2% against the greenback.
Compared to the previous day’s closing, the data for today, September 25, indicate that the local currency fell by 1.89% against the dollar, that is to say that lost 36 cents.
Even, due to the poor performance he had today, September 25, At retail, the peso surpassed the ceiling of 20 units standing at 20.13 per dollar at bank branch counters.
In contrast to the indices in which it was placed on the previous day, Tuesday, September 24, it can be established that at the windows the national currency lost 1.51% or 30 cents.
Data from the Bloomberg agency indicate that the depreciation with which the Mexican peso ended is about his worst fall since June 7, when it fell by 2.28%.
The Mexican peso depreciates against the US dollar (Gabriel Cabello / SDPnoticias.com)
Why did the peso depreciate again against the dollar?
Regarding the reasons why the peso depreciated against the dollar at the close of today, September 25, analysts indicate that there is a main element that led to the poor performance of the currency.
In this regard, they point out that the losses of almost 2% of the Mexican currency are due to expectations of a new interest rate cut by the Bank of Mexico.
However, it is also indicated that international factors contributed to the depreciation of the peso, such as the strengthening of the dollar itselfr that has been recorded in recent weeks.
It is also noted that the Fears of a strike in major ports from the eastern United States, have placed an additional burden on the markets due to the impact it would have on several sectors.
2024-09-26 07:37:31