The dollar is trading stable today, September 21, against its emerging peers. As markets await announcements from the FedPhoto: KAREN BLEIER/AFP/Getty Images
This Wednesday, the foreign exchange market starts the day in expectation of the Federal Reserve’s Jerome Powell’s announcements, especially the economic projections he will make. Therefore, emerging currencies did not present many changes against the dollar at the beginning of this mid-week trading day.
Starting with the price of the dollar in the Mexican market, there was little movement this Wednesday, but there was a slight appreciation of 2% for the Aztec currency at the beginning of the trading day. At the time of writing, the greenback is trading at 20.00 pesos per dollar unit against the Mexican peso. Meanwhile, at bank counters, the exchange rate for purchase is 19.74 pesos per dollar unit, and 20.26 pesos for sale.
In the Honduran exchange market, the U.S. currency is quoted at an average price of 24.68 lempiras per unit of greenback with an upward trend. The average price today moves between 24.56 and 24.80 lempiras per dollar.
In Nicaragua, the dollar is quoted at an average price of 35.96 córdobas per greenback unit, with a downward trend. For the purchase and sale of the dollar, the range for the day moves between 35.88 córdobas and 36.00 córdobas per dollar, respectively.
In Costa Rica, the dollar appreciated this morning and trades for 630.57 colones per dollar unit. In banks, the dollar price range remains at 629.88 for purchase and 631.25 colones per dollar for sale.
In the Dominican market, the US currency is quoted at 53.47 DOP per dollar unit, with an upward trend. The exchange rate remains stable at the beginning of the day, with an average price for purchase and sale calculated at 53.25 and 53.75 DOP per dollar unit, respectively. The trend is positive for the dollar.
In Venezuela, the dollar is gaining ground and trades at a price of 8.03 bolivars per dollar unit, the average range is 8.02 and 8.04 Bs. per greenback for buying and selling, respectively.