The peso appreciated this Wednesday for the sixth consecutive day in the face of a general decline in the dollar, while investors assimilated a report in the United States that showed that producer prices increased in November in line with expectations.
The peso was trading at 17.8058 per unit, with a gain of 0.10% compared to the 17.8241 pesos of the LSEG reference price on Tuesday. In the last six sessions it accumulated a return of around 1%.
The producer price index for final demand rose 0.2%, in line with expectations. Another US report showed that retail sales grew 0.6% in the period compared to the previous month, better than the 0.4% expected by specialists.
For the rest of the day, Federal Reserve officials Anna Paulson, John Williams, Raphael Bostic, Neel Kashkari and Stephen Miran are scheduled to participate in various public events. The institution will also present its Beige Book.
In addition, it is expected that the United States Supreme Court could announce its ruling on the legality of the tariffs promoted by President Donald Trump.
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BMV rebounds after US economic figures
The Mexican Stock Exchange (BMV) advanced on Wednesday, oscillating very close to its historical highs, after the release of figures on producer prices and retail sales from the United States.
The leading S&P/BMV IPC index, which groups the most traded shares in the market, rose 0.72% to 66,813.75 points, after having fallen 0.61% in the previous day.
The shares of Grupo Financiero Banorte led the increases, with 2.50% more to 174.09 pesos, followed by those of the bread maker Grupo Bimbo, which added 2.01% to 62.54 pesos.
With information from Reuters
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