Price of the dollar today, February 1: Exchange rate in Honduras, Mexico, Guatemala, Nicaragua…

The dollar starts the session down.

After starting the week with a slight upward trend, the greenback has registered a fall, result of market expectations around the next monetary policy decision of the Federal Reserve of USA.

In recent months, The Central Bank has opted for an aggressive stance with the aim of lowering the inflation rate to two percent. Although the measure has paid off and inflation rates have dropped; the truth is that the Chairman of the Fed, Jerome Powell, warned that the rate hike will continue throughout 2023.

However, since inflation has been declining, experts on the subject foresee a slowdown in the rise in rates, resulting in a increase of 25 basis points compared to 50 the previous month. The final decision of the Fed will be released later today, February 1, via the Federal Open Market Committee (FOMC) meeting.

“Powell is likely to insist that rates are not restrictive enough yet in an attempt to avoid a further downward shift in the yield curve and an unjustified loosening of financial conditions in general. [Powell] will insist that it will keep the policy sufficiently restrictive for some time in an attempt to change the perception of the market“, warned BBVA Researchaccording to a note collected by investing.comfinancial website with high impact globally.

You may also like: What is the inflation rate and how to calculate it using GDP?

Price of the dollar today, February 1: Exchange rate in Honduras, Mexico, Guatemala, Nicaragua…

Then, How much is the US dollar this Wednesday, February 1, in Mexico and part of Central America, according to the most recent update of

  • Mexico: 18.7338 Mexican pesos (MXN)
  • Costa Rica: 553.78 Costa Rican colón (CRC)
  • Guatemala: 7.8500 quetzales (GTQ)
  • Honduras: 24.6532 lempiras (HNL)
  • Nicaragua: 36.5400 gold córdobas (NIO)


  • Mexico: 18.7206 Mexican pesos
  • Costa Rica: 551.85 costa rican colon
  • Guatemala: 7.8400 quetzales
  • Honduras: 24.5064 lempiras
  • Nicaragua: 36.0800 gold cordobas


  • Mexico: 18.7461 Mexican pesos
  • Costa Rica: 555.70 Costa Rican colon
  • Guatemala: 7.8600 quetzales
  • Honduras: 24.8000 lempiras
  • Nicaragua: 37.0000 gold cordobas

Source link

Elton Gardner

Elton Gardner is a seasoned writer and editor for He is a graduate of a prestigious journalism school and has contributed to numerous newspapers and magazines. Elton is an expert in various fields, including sports, entertainment, and technology. He is widely respected for his insights and engaging writing style. As an editor, Elton oversees a team of writers and ensures the website stays current with the latest trends and breaking news. His writing is characterized by its depth, clarity, and accessibility. Elton's spare time is spent with his family, playing sports, reading, and traveling to explore new cultures. With his talent, experience, and dedication, Elton Gardner is a prominent figure in online media and will continue to make waves in the years to come.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button