The cost of the dollar. She loses weight and exceeds $ 21

Mexico City /

weight operate on negative territory against the dollar after the speech of Jerome Powell, President of the Federal Reserve (Fed, for its acronym in English), about the direction of economics and monetary policy US

The exchange rate is at 21.13 pesos per dollar, so the national currency loses 0.95 percent, according to data from Bloomberg.

In banks like. Citibanamex the dollar was sold up to 21.60 pesos, compared to 21.25 at the beginning of the session.

the president Federal Reserve, Jerome Powell, reiterated its commitment to keep the cost of credit and cash flow low until Americans return to work, rejecting investors who have openly doubted that it can deliver on the promise once the pandemic passes and the economy moves forward. sine.

With the deployment of vaccines and government tax taps open, “there are good reasons to believe that we will make more progress soon” towards the goals Fed maximum employment and inflation sustained by 2%, he said Powell in a forum Wall Street Journal.

Real time dollar

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