Price of the dollar today, January 22: Exchange rate in Honduras, Mexico, Guatemala, Nicaragua…

AdminJanuary 22, 2023

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Sunday arrived and although the financial markets do not carry out operations today, it doesn’t hurt to keep abreast of the latest movements around our local currency, the US dollar.

the green ticket closed the week of January 20 with a downward trend. The American currency recorded considerable losses against various currencies, including the Mexican peso.

The performance of the dollar is result of an expectant market on the next movements of the Federal Reserve of USA (Fed) on monetary policy issues. In recent months, the Central Bank has opted for an aggressive stance; However, because inflation has fallen, traders anticipate a decrease in interest rate increases.

Currently and according to the latest report on the Consumer Price Index, year-on-year inflation – in relation to last December – stood at 6.5 percent, being the lowest level since October 2021. The goal of the Fed is to reach two percent at inflation levels.

Although inflation has decreased and the US economy has resisted, the truth is that traders support the idea of more high interest rates. The Fed’s decision will be announced on February 1, when the meeting of the Federal Open Market Committee takes place (FOMC).

As for the dollar index (DXY), which measures the strength of the US currency against a basket of the six most relevant currencies globally, This registered a fall of 0.09 percent, settling at 101,743 units, according to figures from Investing.com.

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Price of the dollar today, January 22: Exchange rate in Honduras, Mexico, Guatemala, Nicaragua…

Then, How much is the US dollar this Sunday, January 22, in Mexico and part of Central America according to the latest update of investing.com, recognized financial website with high impact globally.

Mexico: 18.8745 Mexican pesos (MXN)
Costa Rica: 563.30 Costa Rican colon (CRC)
Guatemala: 7.8500 quetzales (GTQ)
Honduras: 24.6698 lempiras (HNL)
Nicaragua: 36.5400 gold córdobas (NIO)