The exchange rate of the dollar in Mexico continues to fluctuate, as the peso rose strongly on Friday, February 9, 2024. This follows a trend of the peso falling due to comments from Banxico earlier in the week.
The Mexican peso retreated as the BMV registered another historical maximum, causing concern among investors. The fluctuation in the exchange rate is also being felt in other Central American countries, including Honduras, Guatemala, and Nicaragua.
The volatility in the exchange rate is causing uncertainty for businesses and consumers alike, as they try to navigate the impact on the cost of imported goods and travel expenses.
Experts are closely monitoring the situation and advising caution when dealing with foreign currency exchanges. The exchange rate of the dollar in Mexico is expected to continue to be a topic of concern in the coming days.