After five consecutive days presenting losses, the US dollar recovers and starts the session higher.
For this Tuesday, August 16, US currency strengthens as global risk aversion rises due to weak economic data from China.
The Central Bank of China has announced that will cut interest rates on loans in order to revive demand due to a slowdown in its economy. These data have mainly affected commodity exporting economies.
Likewise, the dollar index (DXY), which is responsible for measuring the behavior of the currency against a basket of the six most important currencies worldwide, started the session 0.29 percent higher, trading at 106.85.
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Price of the dollar today, August 16: Exchange rate in Honduras, Mexico, Guatemala, Nicaragua…
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