The dollar ended a stronger day against the Mexican currency, closed at 19.45 pesos in banks

On the Thursday of the day, the Mexican peso faced the strengthening of the dollar at the international level. The dollar closed at 19:45 in Mexican banks, four hundred more than yesterday. At the counters of the banks, it was bought at 17.90 pesos minimum, according to the establishments.

But the Mexican peso could resist to a greater decline thanks to the announcement of the Bank of Mexico to maintain its benchmark rate at 8.25%, which will remain so for the coming months.

The peso opened with a dollar exchange rate of 17.90 pesos the purchase and 19.40 sale in banks operating at Mexico City International Airport.

The dollar recovered from its decline compared to the previous day, due to the The announcement of Donald Trump on the ban that some companies, especially Chinese, acquire US technology to manufacture telecommunications equipment without the approval of their government.

With this measure, the US President intends to stop the advance of Chinese technology, Huawei Technologies Co, which has positioned itself on the market of smartphones and computers. This new pressure of Trump it's a strategy to reach a trade agreement with the Asian country.

At the Bank of Mexico, the interbank dollar closed on 19.0625this represented a loss of 1.25 cents from the Mexican peso compared to the previous day.

Although global economic activity has slowed since mid-2018, the United States still shows signs of weakness. most active economy and with better health than others. Such a situation contributes to your The currency continues to increase demand.

US banks also reflected the dollar's activity. Wall Street closed its operations with profits for the third consecutive day and the Dow Jones, its leading indicator, rose 0.8% due to Walmart and Cisco results. The Nasdaq Stock Exchange also rose 0.97%.

On Monday May 13, the New York Stock Exchange fell sharply because of the trade tensions between this country of North America and China. But the next day and for three consecutive days, all sectors recovered, from commodities to financial services. they gained 1.34% and 1.10 respectively.

The telecommunications company, Cisco, up 6.66% Thursday, earnings from the publication of its results for the first quarter of the year. His actions increased during the second half of the day.

For its part, the retailer Walmart announced better earnings than expected during the first three months of 2019. The news excited investors, which resulted in a rise of 1.43%.