Sunday , April 11 2021

Dollar opens with slight rebound after a sharp drop of more than $ 10

The US currency recorded the most weekly decline since the week of September 18 last year.

After the aggressive fall that suffered yesterday, the exchange rate began the day with a shy advance today Friday, but with the passing of time the trout turned and ended up deepening losses, marking its fourth consecutive day of casualties.

According to Reuters data, the US currency stood at $ 652.30 at the close of operations, which represents a drop of $ 2.2 with respect to the closing of yesterday.

With this, the dollar-weight crossing accumulated a contraction of $ 15 (or 2.25%) per week, its worst weekly record since September 21 of last year.

At the international level, the currency is falling slightly in front of a basket of currencies, in the midst of an expectation for the trade negotiations held by China and the United States, in search of signs of the end of the commercial war.

On the front of emerging currencies, the results are mixed, but in Latin America most of the main currencies were appreciated with respect to the dollar.

For the recent, the direction of the dollar has been determined by the more expansive tone of the Federal Reserve, which pushed the Chilean peso and other emerging currencies by promising "patience" with the rise in interest rates in the country.

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