The dollar closed the session with slight losses against the peso. Although the US currency was around its highest level in 20 years in the face of tougher monetary plans in several countries around the world, the Mexican currency experienced its best week in the last four. In the last five days, the peso gained 1.1%, stopping two weeks in negative territory.
After a volatile week, Latin American markets closed on Friday with a mixed trend after the United States Department of Labor shared employment data for the month of April, which fueled concerns that the Federal Reserve (Fed) will raise rates even higher to contain inflation.
According to the employment report, more jobs than expected were generated, 428,000; however, the unemployment rate remained unchanged in the American Union, remaining at 3.6%.
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Price of the dollar today, May 7: Exchange rate in Honduras, Mexico, Guatemala, Nicaragua…
In accordance with Investing.comone of the world’s leading finance websites, This is how the exchange rate closed in Mexico, Honduras, Guatemala, Nicaragua and Costa Rica, and this is how it is this Saturday, May 7.