The dollar bank branches closed Monday at 18.95 pesos, according to information Banamex, representing a rise of five cents compared to last Friday’s close.
The Mexican Stock Exchange ( BMV) started the week with a loss of 0.17% or 77.95 whole, after the director of the Federal Reserve of the United States, Janet Yellen drew in a speech a positive outlook for the US economy and said it still expects gradual increases interest rates.
Both the BMV as weight erased early gains that had been driven from Friday by a weak report on the US labor market, which decreased bets investors about the proximity of the increase rate.
Wall Street digested smooth words lJanet Yellen, who downplayed the latest employment report and saw “positive” outlook for the future.
the Dow Jones industrial, a leading indicator, rose 0.64%, a trend that also recorded the Nasdaq and especially the S & amp selective;. P 500, which rose 0.49% and achieved a new annual maximum
“Although the economy has recently been affected by a mix of opposing forces, I see good reasons to expect that the positive forces in support of employment growth and higher inflation will continue to outpace the negative, “said Yellen in a speech on monetary policy in Philadelphia.
with information from Reuters
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