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Dollar price rose ¢ 3 in one day and ¢ 10 in one week

September 4, 2019 by Staff News Writer

The exchange rate rose ¢3 in a single day, because this Tuesday the session ended at ¢578.3 and on Monday at ¢575.4 in the wholesale market of Monex.

The currency has risen ¢10 since last Tuesday in that market, as a result of seasonal factors.

On the other hand, in financial institutions there has also been an increase, since yesterday it was quoted at ¢582 per dollar.

Traditionally, in September there is a greater demand for the US currency for the payment of taxes. In addition, seeing the currency at a low price, economic agents begin to buy dollars and this raises its price.

However, the arrival of Eurobonds for $ 1.5 billion and the possible approval of multilateral loans for $ 850 million would bring stability to the US currency.

crhoy.com

Related articles:

  1. Dollar reaches its lowest price in 17 months
  2. Dollar price has been falling for 20 days in Monex
  3. Dollar reaches price level of May 2018
  4. Dollar price rose almost ¢3 in the last two days
  5. Basic Rate rose 15 basis points this week
  6. Dollar price keeps going down

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