Mexico City /
When starting operations the price of the dollar today Friday is up to 20.30 pesos in banks. Meanwhile, the interbank exchange rate stood at 19.83 pesos per dollar, with a loss of 0.65 percent.
Citibanamex sells the dollar at 20.30 pesos, meanwhile BBVA Mexico does it on 20.09, Banorte at 20.00, Santander at 19.83 i Aztec Bank in 19.66 units.
the weight fell due to tighter confinements in European nations and a rise in cases of coronavirus SARS-CoV-2, which causes the disease covid-19 in China, which moderated the optimism generated after the presentation of an economic stimulus plan by US President-elect Joe Biden.
How is the exchange rate going?
Base Bank explained in a report that the dollar is strengthening in the face of a moderate return on risk perception in global financial markets, because the optimism associated with fiscal stimulus planned by the new administration of Joe Biden has already been discounted in previous days to the United States.
“Over the week, the dollar has shown sideways behavior and shows few changes, advancing just 0.21 percent,” he said.
Yesterday, President-elect Joe Biden unveiled his support plan to boost the economic recovery. The stimulus package is $ 1.9 trillion and includes direct payments of $ 1,400, an extension to unemployment benefits, support for local governments, among others. He also proposes raising the federal minimum wage to $ 15 per hour from the current 7.25.
“The pandemic is also continuing at an accelerated pace. Coronavirus deaths globally have reached two million and the country with the highest number of deaths is the United States, followed by Brazil, India, Mexico and the United Kingdom. “The above continues to pose a risk to the global economic recovery,” he said.
Dollar in real time
the euros sand sells over the counter at a maximum of 24.53 pesos and is bought at 223.96 pesos. For its part, the pound sterling is offered at 27.25 pesos and is purchased at 26.93 pesos.
The Bank of Mexico (Banxico) Recorded the previous session an exchange rate of 19.77 pesos per dollar.
With information from Reuters
MRA
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