Sunday has arrived and although the financial markets are closed on weekends, It is not out of place to know the latest fluctuations around our local currency, the US dollar.
American currency ended the week in mixed fashionregistration losses against the Mexican peso, but gains against other emerging currencies, as Honduran lempira and Guatemalan quetzal.
A mixed dollar close is the result existing expectations regarding the monetary policy of the Federal Reserve NOW (Fed), because there are those who are waiting another aggressive increase in interest rates, while others point to increase with lower intensity.
In case of aggressive increase, that would be 75 basis points, while it increases with lower intensity that would be 0.50 points. Regardless of the increase, The main goal of the Fed is to slow down inflation until it reaches two percent. Currently, the year-on-year rate compared to September is 8.2 percent. Thate hopes that the Central Bank will will announce its decision on November 2, when the penultimate monetary policy meeting of the year will be held.
Regarding dollar index (DXY), which measures the strength of the US currency against a basket of the six most important currencies globally, this recorded a growth of 0.08 percent, to 110,545 units.
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Dollar price today, October 30: Exchange rates in Honduras, Mexico, Guatemala, Nicaragua…
With a closed market Next, we share with you what the US dollar is today, Sunday, October 30, in Mexico and parts of Central America, according to the latest update Investing.com.