The Mexican peso and the stock market were weakened on Friday dragged by an adverse environment for risk assets against renewed concerns about the economic impact of the commercial policies of the US president, Donald Trump.
The session was marked by comments from Chicago’s chief, Austen Goolsbee, who said it is an open question if the president’s tariff plans will lead to persistent inflation.
The peso quoted at 20,2352 per dollar almost at the end of the businesses, with a setback of 0.51% compared to the LSE reference price on Thursday.
In the week the weight accumulated a 1.6% depreciation after operating for several days below the key barrier of 20 units.
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Even so, in the Chicago Mercantile Exchange, the speculative positions in favor of an appreciation of the Mexican currency increased in the week at levels not seen since August.
In the share market, the S&P/BMV IPC fell 0.81% to 52,672.42 points, with a volume of 699.3 million shares, the largest since the end of December, in a session marked by strong volatility due to the expiration of options and futures.
The decline was headed mainly by firms in the financial sector.
The Bank of Bajío titles reduced 3.58% to 44.22 pesos, followed by those of Inbursa Financial Group, which lost 3.39% to 46.21 pesos.
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As for the secondary debt market, the 10 -year bonus yield rose 13 base points to 9.43%, while the 20 -year -old rate jumped 22, 9.98%.
With Reuters information
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