the weight touched unprecedented levels since June amid widespread dollar pressure derived from what has happened this week around the Federal Reserve.
According to data from the Bank of Mexico, The national currency depreciated 1.06 percent to 20.42 units. Per week the currency depreciated 2.51 percent.
In bank window, The dollar sells at 20.82 pesos per unit, according to Citibanamex data.
The Bloomberg Index, Which measures the strength of the greenback against a basket of 10 currencies, rose 0.7 percent to 158 points.
The strength of the greenback is the continuation of several events observed during the week.
Expectations for less flexible monetary policy in the United States strengthened on Wednesday after Federal Reserve minutes. Dallas Fed Chairman Robert Kaplan spoke Friday about monetary policy, “which could have effects on the foreign exchange market due to the scarcity of economic information scheduled for the session,” said Gabriela Siller, director of economic and financial analysis of Banco Base.
influences as well an increase in risk aversion in global financial markets as the Delta variant progresses, at a rate of daily contagion that exceeds the second wave in several countries and is also causing more deaths daily, although vaccines are already available.
The negative effect of this on the financial markets has been evident mainly in the capital markets which are showing losses this morning.
Losses are also observed in the commodity market: The WTI is aiming for its seventh consecutive session with losses, being the longest interval of daily falls since 2019.
The mix falls to $ 62.32 a barrel, down 2.15 percent from expectations of a reduction in demand due to a slowdown in global economic growth. In these seven sessions, the price of WTI has dropped by 9.29 percent