Given this, The dollar index, which measures the greenback against a gray of six major currencies, was down about 0.1% but held near two-month highs. That is why the main currencies of Latin America recovered.
The Mexican peso was trading at 17.6713 per dollar, with a gain of 0.98% against Thursday’s Reuters reference price. Over the course of the week, it added a return of 0.43%. “The issue of the debt ceiling is one of the operators’ priorities and optimism around the conclusion of a pact between Democrats and Republicans has increased,” CI Banco firm said in an analysis note.
The main stock index S&P/BMV IPC, which includes the 35 most liquid companies in the Mexican market, rose 0.57% to 54,050.56 units. Meanwhile, Mexico’s economy grew in the first quarter slightly below what had been preliminarily estimated, amid a weak performance of agricultural activities, which was offset by services and manufacturing.
The Brazilian real appreciated 0.53%, to 5.0095 units per dollar, while the Bovespa index of the B3 stock market in Sao Paulo climbed 1.34%, to 111,534.58 points. In addition, The Chilean peso rose 0.34% to 805.50/805.80 per dollar. Meanwhile, the leading index of the Santiago Stock Exchange, the IPSA, gained 0.05%, to 5,621.92 units.
The Colombian peso recovered 0.62% to 4,465 units per dollar and on the stock market the MSCI COLCAP stock index rose 0.11% to 1,099.86 points. While The Peruvian sol gained 0.22% to 3.6748/3.6789 units per dollar. Meanwhile, the referential of the Lima Stock Exchange rose 0.28%, to 534.20 points.
Source: Ambito
