Price of the dollar today, January 18: Exchange rate in Honduras, Mexico, Guatemala, Nicaragua…

The U.S. dollar widen your fall.

For the session this Wednesday, January 18, the US currency operates with a slight downward trend globally. The fall is the result of a expectant market to the next movements of the Federal Reserve of united state (Fed) on monetary policy issues.

In recent months, the Fed has chosen to implement an aggressive policy with the objective of reducing inflation to two percent, after the rate exceeded nine percentage points by mid-2022. Now, Inflation is at 6.5 percent year-on-year in relation to last December, which shows that the Central Bank’s measure has paid off.

Because of this, in December, the Fed slowed the rate hike from 75 to 50 basis points. According to experts on the subject, the Fed’s next hike is expected to be a quarter percentage point as inflation continues to decline.

Another key factor in the dollar’s weakness has been the strengthening of oil, as well as the economic data of China, same as they showed three percent growth the previous year (2022).

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Price of the dollar today, January 18: Exchange rate in Honduras, Mexico, Guatemala, Nicaragua…

Then, How much is the US dollar today, Wednesday January 18, in Mexico and part of Central America according to the most recent update of investing.com, Renowned financial website with high global influence.

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