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The U.S. dollar closed trading at a historical level of $17.28 pesos, 18 cents over yesterday's level. The peso is, therefore, closing the week with a fall of 3.76% in its value, becoming the currency with the greater losses in exchange for the U.S. greenback. The fall of the peso, its worst weekly slide since July 2013, is a result of the lower growth expectations of the country, the lack of interests of investors in currencies from emerging countries and the important fall in oil prices. In the short run, the dollar could be traded at $17.50 pesos, the next level of significance after the greenback broke the $17.00 pesos psychological barrier, according to experts.
