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At the close of business, the exchange rate was 677.0 US dollars. the hours have led to a deterioration of some key currencies in the region that have won the national currency.
Thus, the exchange rate changed direction during the day and, after being opened downward, it ended the day in depth. the $ 677.0, which represents an increase of $ 1.2 compared to the closing on Friday.
The local exchange rate thus corresponds to what is observed at the regional level.
At present, the main emerging currencies are showing mixed results against the dollar, with a few exceptions, while the international price of the US currency – the dollar index, which contrasts with a basket of currencies – operates with a slight increase.
In Latin America, however, the peso has fallen sharply and the Brazilian real is wreaking havoc.
At this time, the trans-Andean currency is the world's most falling currency, with a 2.52% fall after the country released disappointing figures for economic activity; while the real loses 1.34% of its value due to a drop in the price of iron and the uncertainty surrounding the relations between President Jair Bolsonaro and Congress, which could complicate the treatment of key economic reforms
These losses have affected the Latin American exchange markets in general. In addition, at the moment, there is no currency in the region that takes advantage of the dollar.
