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The peso was appreciated this Friday and recorded its ninth consecutive week of profit, as it had not been observed for the March-April 1999 period, this before an overall decline in the dollar.
The Mexican currency closed at 18.9797 to the dollar, gaining 0.20% from 19.0180 units of the Reuters reference price on Thursday.
He closes the week at 18.9280 pesos for one dollar FIX exchange rate, six cents lower than yesterday (18.9859) and 26 less than Monday (19.1902, -1.4%). https://t.co/4nWq26GdMd pic.twitter.com/kIlHH3hkKG
– Bank of Mexico (@Banxico) January 25, 2019
Since he's taken possession Andrés Manuel López Obrador, the peso rebounded 7.27% in its cross against the dollar.
At the same time, the S & P / BMV IPC benchmark, which includes the 35 largest shares held in the Mexican market, rose by 0.17% and closed at 43,000,638.62 points, ending the a series of four defeats.
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