The peso advanced on Thursday to a generalized decline of the dollar, while the BMV backed down from its historical maximums, after a session dominated by American justice swings around tariffs driven by President Donald Trump.
A Federal Court of Appeals restored the rates, a day after a trade court ruled that the president had exceeded his authority by imposing them and had ordered an immediate blockade.
The currency quoted in 19,3104 per dollar almost at the end of the businesses, with a gain of 0.38% compared to the LSE reference price on Wednesday, interrupting a three -day loss streak.
Lee: Appeals Court lifts the blockade against Trump’s tariffs
The session was also marked by a report that showed that the world’s largest economy contracted less than expected in the first quarter, although it suffered a strong weakening against the previous period.
At the local level, the minutes of the most recent meeting of Banco de México showed that the five members of the Governing Board agreed that the period has been market for pressures due to the effects of commercial uncertainty globally.
The referential shareholding index S&P/BMV IPC lost 0.21% to 58,614.41 points, after completing the previous day in a maximum record of historical closure.
Lee: Analysts believe that judicial blockage to tariffs increases uncertainty and will not stop Trump
The titles of the Orbia conglomerate led the setback, with 2.87% less than 13.18 pesos, followed by those of the Bursatile BMV stock market operator, which reduced 2.36% to 42.70 pesos.
In the secondary debt market, 10 -year bonus yield dropped nine base points to 9.32%, while the 20 -year rate decreased four, to 10%.
With Reuters information
Do you like to inform yourself for Google News? Follow our showcase to have the best stories
