Price of the dollar April 5

Mexico City /

At the start of operations the price of the dollar today Monday was up to 20.71 pesos in banks. Meanwhile, the exchange rate interbank stands at 20.25 pesos per dollar, With a gain of 0.21 percent.

Citibanamex sells the dollar at 20.71 pesos, While BBVA Mexico does so at 20.50, Banorte at 20.70 pesos, Banco Azteca at 20.50 and Santander at 20.32 units.

the weight was appreciated Monday boosted by a report on employment in the United States and a multimillion-dollar infrastructure plan by President Joe Biden, which boosted global appetite for risky assets.

How is the exchange rate going?

Bank Base explained in a report that the appreciation is attributed to a greater appetite for risk, Because the employment report in the United States reflects the economic recovery.

Esto too it generates a weakening of the dollar against its main crosses in the foreign exchange market, Although in recent weeks it has been speculated that the recovery of the US economy could be accelerated enough to generate inflationary pressures, which has strengthened speculation that the Federal Reserve could moderate its expansionary monetary stance.

Dollar in real time

(…)the euro is sold over the counter at a maximum of 23.89 pesos and is bought at 23.88 pesos. For its part, the pound sterling is offered at 28.15 pesos and is purchased at 28.14 pesos.

The Bank of Mexico (Banxico) recorded the previous session an exchange rate of 20.44 pesos per dollar.

With information from Reuters.

AMP

.Source