The peso was appreciated on Wednesday due to a generalized weakening of the dollar, generated in part by nervousness against US commercial protectionism.
The dollar was 19,9797 pesos, which meant an appreciation of 0.18% for the national currency, according to Banxico closing data.
The weight has remained at its best levels since mid -September.
“The appreciation of the peso was due to the fact that the weakness of the dollar persists, which retreated 0.28% according to the weighted index, given the nervousness for the commercial protectionism of the United States government, uncertainty about the viability of the tax bill known as The One, Big, Beautiful Bill and the publication of negative economic indicators in the United States,” said the Base Financial Group in a report to the closure.
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The session was marked by a weak US private employment report. The figures precede an expected monthly labor market that will be published on Friday.
In the morning, the investment figures of the companies in Mexico of March were announced, which were in line with the anticipated, a fact that although it had little impact on the market mitigated some concerns about the weak health of the local economy, analysts agreed according to Reuters.
Bag yields 0.27%
The referential shareholding index S&P/BMV IPC decreased 0.27% to 57,484.52 points, with an accumulated decline of 2.13% in the last five days.
The Gruma titles, dedicated to the production of tortillas and cornmeal, headed the losses of the session, with 3.47% less than 337.67 pesos, followed by those of Banco del Bajío, which subtracted 2.62% to 49.11 pesos.
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In the debt market, the Central Bank placed 35,000 million pesos in Certificates of the Treasury (CETES) and Bondes F to different deadlines, through an extraordinary auction of government values.
With information from Francisco Rivera and Reuters
