US EditionPeso Rebounds as Dollar Weakens Due to US Government Shutdown - BusinessWorld Online
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7 Articles
Peso rebounds as dollar weakens due to US government shutdown - BusinessWorld Online
THE PESO rebounded on Wednesday as the dollar was hit by the US government’s shutdown. The local unit closed at P58.12 versus the greenback, rising by 7.6 centavos from its P58.196 finish on Tuesday, Bankers Association of the Philippines data showed. The peso opened Wednesday’s session sharply weaker at P58.40 versus the dollar, which was also its worst showing for the day. Meanwhile, its intraday best was at P58.08 against the greenback. Dolla…
The Mexican peso begins the day in the field of profits, still driven by the continuous weakening of the US dollar, since no agreements have been concluded that avoid the partial closure of the US government.In this sense, the Mexican currency is valued 0.01 percent or 0.11 cents, regarding its previous closure; the exchange rate is located at 18.31 pesos per dollar, according to Bloomberg. “The appreciation of the peso is due to the weakening o…
The Mexican peso saw a general decline in the dollar on Wednesday after the U.S. government went into a partial shutdown that threatened to delay the publication of an expected report on the employment situation. The exchange rate quoted at 18.27 pesos per dollar, with a profit of 0.20% compared to Tuesday’s LSEG reference price. The BMV starts October with profits Government funding expired at midnight in Washington after Republican and Democra…
The dollar opens Wednesday’s session in Chile with a fall, influenced by the growing global weakness of the currency after the closure of the federal government in the United States. See more: S&P 500, Dollar and Fed: the impact on investors of a US government shutdown. Ignacio Mieres, head of analysis at XTB Latam, explained that this event has increased uncertainty in international financial markets, particularly due to the possible delay in p…
The clock marked midnight on October 1st and, with it, the official start of a new government shutdown in the United States. Partial paralysis occurs after the failure of Democrats and Republicans to reach a funding agreement to keep federal programs and services in operation. It is the first “shutdown” since 2018, when the last administration of Donald Trump kept the government closed for 35 days in the midst of the border wall dispute. Today, …
The Mexican peso can be seen against the dollar on Wednesday morning. The local currency gains ground in the face of a setback in the green bill after the US government entered a partial shutdown that threatens to delay an expected monthly employment report.
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