The U.S. dollar dawn with a slight rise.
american currency continues to strengthen against other emerging currencies, such as the Mexican peso. The rise is the result of monetary policy tightening by the Federal Reserve USA (Fed).
Recently, the American Union revealed that its year-on-year rate, corresponding to April inflation, rose 8.3 percent. Despite the significant increase, the figures released remained below the interannual level of March (8.5 percent).
Considering the downward trend, the Federal Reserve is expected to continue raising the interest rate at a pace of 50 basis points for the next two ads.
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Price of the dollar today, May 12: Exchange rate in Honduras, Mexico, Guatemala, Nicaragua…
According to the most recent report of investing.comrecognized financial website with high impact worldwide, this is the price of the dollar for Mexico and part of Central America this Thursday, May 12.