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Dollar breaks its trend and begins to rise again

May 22, 2019 by Staff News Writer

After 10 days of continuous falls, on Tuesday, there was a slight increase and the exchange rate was at ¢591.

Likewise, for the second day in a row, the price of this currency increased slightly in the wholesale market of Monex.

This behavior is normal due to the low prices seen in previous days, which motivates the demand for the currency and therefore its cost to grow little by little.

Last week, the dollar exhibited its lowest levels of the year, and even not seen since October 2018, prior to the strike.

Currently, the financial system has more dollars available than those demanded by the market.

crhoy.com

Related articles:

  1. Central Bank intervenes to curb rising dollar
  2. Dollar reached the lowest level of the year
  3. Central Bank intervened with $4.9 million to stabilize dollar market
  4. Dollar may continue to rise
  5. Central Bank stepped in with $ 31 million to prevent further rise in the dollar
  6. Legislators call Central Bank officials on dollar rise

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