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The rise in the price of oil drives the peso and closes at 22.79 per dollar

However, sluggish global demand and fear of a second wave of infections dampen any optimism about the outlook, and will keep the pressure on public policy makers to support their struggling economies.

The coronavirus pandemic has infected more than 10 million people worldwide and killed more than 500,000, amid a resurgence of new cases in several countries.

The dollar falls

The dollar fell in a hectic session, with a modest interest in the market for risky assets after mostly positive data in the United States and after better than expected figures in Europe.

The greenback depreciated against currencies that perform well in times of risk interest, such as the Australian, New Zealand and Canadian dollars, as well as against the pound.

The euro was up 0.3% at $ 1.1258, while the yen was up 0.5% at 107.42. The dollar index, which measures the performance of the US currency against a basket of currencies, fell 0.3% to 97,145.

With information from Reuters.

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