Mexico City /
The peso closed this Thursday below 20 units per dollar, trading at 19.93, recording a gain of 0.64 percent compared to 20.06 of Wednesday’s reference price, this in the face of a volatile session of the dollar after the release of positive economic data in the United States and a drop in Treasury bond yields.
Dollar in banks
In banks the US currency was offered up to 20.42 pesos, as is the case of Citibanamex. Meanwhile, BBVA Mexico did so Jan 20.18 i Banorte at 20.25 pesos.
The dollar closed with few changes in a day of volatile trading, as investors put on solid balance data, which showed a sharp rebound in retail sales in the United States in March, and a steady decline in the performance of Treasury bonds.
According to Banco BASE, lMarch retail sales in the United States exceeded market expectations, Growing at a monthly rate of 9.8 percent, while industrial production grew at a monthly rate of 1.4 percent the same month, facing a rebound effect after the fall in industrial production in February.
Initial requests for unemployment support last week, stood at 576,000, its lowest level since the first two weeks of March 2020, prior to the initial impact of the pandemic.
Dollar in real time
In the debt market, the 10-year bond yield fell 14 basis points to 6.49 percent, while the 20-year rate fell 15, to 7.25 percent.
With information from Reuters.
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