• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote

Mexican peso: dollar rises about 0.2% to 18.72 pesos after inflation and jobs data

FinanceInternationalXTB.com30 s readAI summary
Image: XTB.com

The dollar in Mexico (USDMXN) gains about 0.2% to 18.72 pesos, after approaching 18.85 before the local data. Biweekly inflation was 0.41%, above the 0.37% expected, and annual inflation rose from 3.42% to 3.62%. Unemployment fell from 3% to 2.8% in September. The peso initially strengthened and then pared part of the gain, in a market still watching the Federal Reserve.

In 30 seconds

  • The exchange rate stands at 18.72 pesos per dollar, up about 0.2% on the day
  • Biweekly headline inflation was 0.41%, above the 0.37% expected, and annual inflation accelerated from 3.42% to 3.62%
  • Unemployment fell from 3% to 2.8% in September, its lowest level since May
Read the full story at XTB.com

IASummary generated by artificial intelligence from a story by XTB.com. It may contain errors: the original source prevails.

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