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The peso receives ‘reverse’ of the dollar

The weight It fell on Thursday against the dollar, as the greenback strengthened in international markets, after concerns about the spread of the coronavirus were accentuated on the radar of investors.

According to data from Bank of Mexico (Banxico), the Mexican currency depreciated 0.49 percent, to 18.76 units.

In a bank window, the dollar is sold at 19.07 units, higher than the closing reported on Wednesday by Citibanamex, which was 18.97.

The Bloomberg index, which measures the strength of the greenback against a basket of ten currencies, advanced 0.18 percent to 195,94 points.

Fears about the impact of the coronavirus from China had a major impact on oil prices that showed a decline in anticipation of the affectations, after the Chinese government announced the cancellation of all the New Year-related holidays due to the outbreak.

This would curb tourism and trade towards that region during that period, limiting the consumption of hydrocarbons. Falls were limited momentarily after inventory data in the United States that showed an unexpected decline.

The WTI lost 1.76 percent, at $ 55.74 per barrel. The Brent in London, it fell 1.6 percent, to $ 62.20 per barrel.

During the day, the World Health Organization (WHO) considered that it is very soon to declare a sanitary emergency due to coronavirus.

“The Emergency Committee on the new coronavirus (2019-nCoV) considered that it is still too early to declare a public health emergency of international interest given its restrictive and binary nature,” authorities said at a press conference.

China subsequently announced that the death toll from this condition increased to 18 with a patient from Hebei Province, and is the first death outside the epicenter of the outbreak.

During the session, inflation data was also monitored in the first half of January in the country, as well as the political trial against the US president, Donald Trump.

The National Institute of Statistics and Geography (Inegi) reported that the National Consumer Price Index (INPC) presented a variation of 3.18 percent at an annual rate during the first half of January.

This represented its biggest increase since the first half of last August.

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