Mexico City.- After the long weekend for the Labor Day holiday, the retail dollar ended lower amid reversals in stock markets and falls in oil prices of between 4.48 and 5.29 percent.
This Tuesday, the retail exchange rate closed at 18.43 units for sale in Citibanamex, and 17.43 pesos for purchase, three cents less than the previous session.
For much of the day, over-the-counter dollar transactions were up three cents.
When wholesaled between banks, brokerage houses, exchange houses, companies and individuals, the US greenback yielded 1.68 cents to sell at 17.9714 pesos.
In the Foreign Exchange Market (Forex) or international currency market, the exchange rate increased by 4.05 cents to 17.9795 units, after ending Monday at its lowest level in 4.6 years.
The exchange day took place in an environment of economic figures with an unfavorable bias.
In March, factory orders in the United States had a variation of 0.9 percent and not 1.2 percent as predicted by the Bloomberg consensus.
Durable goods orders achieved an increase of 3.2 percent in the third month of this year, in line with what was expected by the market.
Banco Base analysts highlight the publication of weak economic data in the United States, which fuels speculation about a possible recession in that country.
They refer to job vacancies in March, which stood at 9 million 590 million in the United States, its lowest level since April 2021, dropping 384 thousand vacancies compared to February and accumulating three months with declines.
For their part, the stock exchanges, as well as the prices of crude oil, were marked “red”, pending data from the world economy and the meeting of the Federal Reserve (Fed).
And it is that West Texas Intermediate oil saw a collapse in its price of 5.29 percent and Brent of 5.03 percent to 71.66 and 75.32 dollars per barrel, respectively.
The Mexican export mix fell 4.48 percent to 64.03 dollars a barrel.
In stock markets, in the United States, the Standard & Poor’s decreased 1.16 percent, the Nasdaq 1.08 percent and the Dow Jones 1.08 percent.
The index of the 50 most important shares of eurozone companies, the Euro Stoxx fell 1.48 percent.
While the local S&P/BMV ended with a small gain of 0.11 percent, closing at 55,179.43 points.
