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Price of the dollar today in Mexico: how much is the exchange rate this Thursday, February 17

Lima, February 17, 2022Updated on 02/17/2022 09:55 am

The exchange rate in Mexico it traded almost flat on Thursday in a cautious market, while other financial markets adopted a risk-averse stance due to the uncertainty surrounding Ukraine.

The , an advance of 0.02% against the Reuters reference price on Wednesday.

The dollar was trading steady and looking to snap a two-day losing streak after reports of mortar fire in eastern Ukraine rattled market nerves and boosted bets on safe-haven assets.

Risk aversion increased again in international markets”, Monex financial group said in a report. “The United States rejected Russia’s claims of a troop withdrawal from its border with Ukraine, instead noting that Russia has added up to 7,000 troops to the area.”, he added.

The geopolitical news overshadowed the US Federal Reserve’s January meeting minutes released on Wednesday, in which officials agreed that now is the time to tighten monetary policy, but also that decisions would depend on a data analysis meeting by meeting.

Source: Elcomercio

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