Solid data from the US economy favors strengthening of the Mexican peso
Forbes | October 26, 2023 |

The peso appreciates this Thursday after two consecutive days of losses, while the market assimilates stronger than expected economic growth figures in the United States.

Of interest: Vacancy remains downward in the main office markets of Mexico

The currency is trading at 18.2737 units per dollar, with a gain of 0.20% compared to the Reuters reference price on Wednesday.

“The Mexican currency is one of the few currencies that is gaining this morning, as the dollar opens higher after it was reported that the US economy grew 4.9% quarterly. “It is the biggest advance since 4Q21, far exceeding market forecasts,” said the Monex financial group in an analysis note.

Check here: Speculative developments VS Build to Suit Where are industrial investments leaning?

In the two previous sessions, the peso accumulated a decline of almost 1%.

At Solili you can consult industrial warehouses available in Monterrey, Guadalajara and Tijuana

Original note

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