Brazilian currency strengthened against the dollar and touched maximums of almost 8 months

Brazilian currency strengthened against the dollar and touched maximums of almost 8 months

“During the session no relevant economic information was expected for the markets in Mexico or the United States, so market participants will remain attentive to the evolution of tensions between Russia and the West”said Gabriela Siller, head of analysis at Banco Base.

Russian President Vladimir Putin said Wednesday that Russia is always open to diplomacy, but that it puts its own national security interests first and will continue to strengthen its military in the face of a “difficult international situation.”

But Ukraine later declared a state of emergency and asked its citizens in Russia to flee, while Moscow began evacuating its embassy in Kiev, in the latest ominous signs for Ukrainians who fear an all-out Russian military attack.

Other markets in the region

The Mexican peso It was trading at 20.2646 units per dollar at the close, with a gain of 0.12% compared to the 20.2890 pesos of the Reuters reference price on Tuesday.

The Chilean peso it gave back much of its early gains and ended up 0.2% at 790.60/790.90 per dollar, its highest closing value since September last year.

The Colombian peso closed with a rise of 0.43% to 3,913 units per dollar, in its second consecutive day of gains.

The Peruvian currency Sungave up first-hour gains and closed down 0.39% at 3,730/3,741 units.

Source: Ambito

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