Mexico City /
When starting operations the price of the dollar today Friday was up to 20.74 pesos in banks. Meanwhile, the interbank exchange rate stood at 20.44 pesos per dollar, with a loss of 0.11 percent.
BBVA Mexico sells the dollar at 20.74 pesos per dollar, meanwhile Banorte does it at 20.70, Santander at 20.50 i Aztec Bank in 20.40 units.
The weight appreciated slightly and climbed to record its second consecutive week of gains, while investors remained vigilant on performance in the US Treasury bond rate, after they got in the wake. a maximum of 14 months.
How is the exchange rate going?
Base Bank explained in a report that in the week the exchange rate has tried unsuccessfully to pierce, on two occasions, the support of 20.30 pesos after the announcement of monetary policy of the Fed, which sends the signal of an increase in demand for dollars below this level.
“If drilled in the short term, the exchange rate could extend the downward movement to a level of 20.15 pesos per dollar, which was a major support in mid-February,” he referred.
In the foreign exchange market there is a mixed year, where the Mexican peso is the most appreciated currency, followed by the Turkish lira with 0.88 percent, the Brazilian real that advances 0.70 percent and the Russian ruble with 0.37 percent.
It should be noted that the currencies that are advancing are all from emerging economies and the appreciation of the peso is not associated with any particular event in Mexico.
The appreciation of this group of currencies comes after, in the bond market, the rate of return on 10-year Treasury bonds shows a decline of 1.4 basis points, standing at 1.69 percent. Because the performance of the foreign exchange market is mixed, the weighted index of the dollar remains unchanged from yesterday’s close.
Dollar in real time
the euros it is sold over the counter at a maximum of 24.87 pesos and is bought at 23.85 pesos. For its part, the pound sterling is offered at 28.65 pesos and is purchased at 27.70 pesos.
The Bank of Mexico (Banxico) The previous session recorded an exchange rate of 20.44 pesos per dollar. (
With information from Reuters
MRA
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