Dollar price December 16

Mexico City /

When starting operations the price of dollar today Wednesday is up to 20.43 pesos in banks. Meanwhile, the interbank exchange rate stands at 19.87 pesos per dollar, with a gain of 0.07 percent.

Citibanamex sells the dollar at 20.43 pesos, while Banorte he does it at 20.40, BBVA Mexico at 20.23, Santander at 19.93 y Aztec Bank in 19.76 units.

Most Latin American currencies showed gains in early business amid a global dollar decline amid prospects of new fiscal stimulus in the United States and the launch of coronavirus vaccines.

How is the exchange rate going?

Base Bank explained in a report that the appreciation of the weight should be done on three factors; the first of these, because the market is anticipating that the Federal Reserve’s monetary policy announcement will master an affluent language.

In addition, due to optimism about the possible approval of new fiscal stimuli in the United States. In the U.S. Congress, Democratic leaders Nancy Pelosi and Chuck Schumer held two rounds of negotiations around the stimulus package with Republican leaders Mitch McConnell and Kevin McCarthy. According to his witnesses, significant progress has been made, but no agreement has yet been recorded.

Finally, due to a lower perception of relative risk with respect to Mexico, after the discussion and approval is applied to the reform of the Bank of Mexico Law until 2021.

Dollar in real time

He euros it is sold over the counter at a maximum of 24.83 pesos and is bought at 24.34 pesos. For its part, the pound sterling it is offered at 26.94 pesos and is purchased at 26.93 pesos.

The Bank of Mexico (Banxico) recorded the previous session of an exchange rate of 20.11 pesos per dollar.

With information from Reuters

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MRA

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