Weight progresses after two loss sessions; BMV rises for fifth day to thread

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The weight was appreciated on Tuesday in line with other coins in the region while investors continued to weigh the impact of US commercial policies and the rush of President Donald Trump against the Federal Reserve.

The peso quoted in 19,6302 per dollar, with an advance of 0.48%, after two days of losses, also waiting for comments from different officials of the Federal Reserve throughout the day.

It also stressed that the International Monetary Fund cut its growth forecasts for most countries, including Mexico, citing the impact of Trump tariffs.

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Weight advances after two loss sessions

On the other hand, the Mexican Stock Exchange (BMV) rose on Tuesday for the fifth consecutive day, in a market with the sights set in the season of corporate results of the first quarter.

The leader S&P/BMV IPC index, which brings together the most negotiated actions in the local market, earned 0.57% to 54,066.63 points.

The titles of the Chedraui retailer headed the increases, with 2.90% more to 125.21 pesos, followed by those of the Grupo Carso conglomerate, which added 2.39% to 132.50 pesos.

With Reuters information.

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