Despite posting a loss against the Mexican peso, the American dollar it has strengthened slightly after some statements by Federal Reserve officials about the future of monetary policy.
According to CNBC, Federal Reserve Governor Lael Brainard said last Thursday that interest rates must remain high, despite the fact that there are signs that inflation is beginning to decline. Brainard added that the Fed will not back down from its commitment to rein in prices that have dipped a bit in recent months but remain near four-decade highs.
According to the latest report on the Consumer Price Index, year-on-year inflation in the United States stood at 6.5% at the end of December 2022its lowest level since October 2021. However, the Fed’s goal is for inflation to be 2%. The next meeting of the Federal Open Market Committee (FOMC), at which the new increases will be announced, is scheduled for January 31 and February 1.
It may interest you: What is the debt ceiling and how can it affect me?
Price of the dollar today, January 20: Exchange rate in Honduras, Mexico, Guatemala, Nicaragua…
On the other hand, at 11:37 am ET, the dollar index (DXY), which measures the value of the US dollar relative to a basket of other major currencies, including the currencies of some of the major trading partners of the United States, registers a rise of 0.10%, settling at 101,930 unitsaccording to Investing.com, one of the most important finance portals.
At 11:39 a.m. ET, This is how the dollar exchange rate is found in Mexico, Honduras, Guatemala, Nicaragua and Costa Rica, this Friday, January 20.