Mexico City /
The peso traded at 19.80 units per dollar near the close of the session, gaining 0.55 percent from Friday’s 19.91 benchmark price, after the dollar fell to a six-week low.
On the day, the weight, which spun six sessions with gains, advanced to 19.79 units, its best level since January 22nd.
Dollar in banks
In banking institutions, the US currency was offered up to 20.26 units, as is the case of Citibanamex, While BBVA Mexico he did it at 20.08 pesos and Banorte sold it at 20.10 units.
The dollar retreated against a basket of major currencies, after that the Federal Reserve reiterated its estimate that the rise in inflation in the United States is likely to be temporary.
Investors expect to know local inflation data next Thursday. Analysts polled in a Reuters poll estimated that year-on-year inflation would have accelerated in the first half of April to its highest level since December 2017.
Dollar in real time
In the debt market, the yield on the 10-year bond rose four basis points to 6.61 percent, while the 20-year rate rose to 7.29 percent.
With information from Reuters.
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