The US dollar had a slight rise against various emerging currencies, including the Mexican peso, which fell by 0.15 percent against the US currency. The green bill’s performance is the result of several economic data disclosures from the American Union.
The GDP of the United States increased at an annual rate of 1.1 percent from January to March, where the indicator stood at 2.6 percent in the previous three months of 2022. The PCE, which represents prices for personal consumption expenses, rose by 4.2 percent annually, while the figure was 5.1 percent in February, according to official figures.
With the aforementioned economic indicators, the market is attentive to the next monetary policy decision of the United States Federal Reserve (Fed), which will be announced on Wednesday, May 3. The dollar index (DXY), an indicator that measures the strength of the US currency against a basket with the six most relevant currencies worldwide, rose 0.18 percent, standing at 101,430 units, according to figures from Investing.com, a renowned financial website with a high impact globally.
Here are the current exchange rates of the US dollar against various Central American currencies according to Investing.com:
– 17.9885 Peso Mexican pesos (MXN) -0.15%
– 540.65 Costa Rican colon (CRC) +0.47%
– 7.8050 Quetzales (GTQ) +0.13%
– 24.5850 Lempiras (HNL) +0.20%
– 36.5750 Córdobas (NIO) +1.18%
The purchase rates are as follows:
– 17.9970 Mexican pesos (MXN)
– 540.50 Costa Rican colon (CRC)
– 7.7950 quetzales (GTQ)
– 24.5350 lempiras (HNL)
– 36.1500 córdobas (NIO)
The sale rates are as follows:
– 18.0000 Mexican pesos (MXN)
– 540.80 colones Costa Rican (CRC)
– 7.8150 quetzales (GTQ)
– 24.6350 lempiras (HNL)
– 37.0000 córdobas (NIO)
It is important to keep track of the currency movements and exchange rates to make informed decisions about financial transactions.