Mexico City /
When starting operations the price of the dollar today Tuesday is up to 20.67 pesos in banks. Meanwhile, the interbank exchange rate stands at 20.15 pesos per dollar, with a loss of 1.03 percent.
Citibanamex sells the dollar at 20.67 pesos, meanwhile Banorte does it at 20.50, BBVA Mexico at 20.48, Aztec Bank a 20.01 i Santander in 19.97 units.
the weight it depreciated after recording its three-week high the day before, while foreign exchange operations resumed normal liquidity after the closing of financial markets in the United States by a holiday.
How is the exchange rate going?
Base Bank explained in a report that the exchange rate has exceeded the resistance of 20.00 pesos, in the face of a greater perception of risk with respect to Mexico, due to the direct effects of the cold wave in several northern states and by the federal government’s response to the event.
“The Mexican peso is the most depreciated currency in the basket of 16 major dollar crosses, followed by the South African rand, which is losing 0.58 percent,” he reported.
Yesterday the cold left about 4.8 million users without electricity in several states, after the supply of natural gas from the state of Texas was interrupted, according to a statement from the Federal Electricity Commission. (CFE). Power outages have been intermittent and extended to Tuesday. In commodity markets, the price of natural gas at some delivery points rose from $ 3 to $ 300 per BTU.
Meanwhile, the Federal Government stepped up its efforts to push for electricity reform, using the recent power outage as an argument in favor of autonomy. Just yesterday, Cofece said in a statement that this reform violates the conditions of competition in the sector, as it gives priority to the generation and supply of energy from the plants of the CFE, energy that is not necessarily cheaper. The above would result in higher rates for consumers or an increase in subsidies. Advancing the reform that would limit the participation of private individuals in the production of electricity in the country would increase the risk of sanctions by the countries that make up the T-MEC.
Real time dollar
the euros is sold over the counter at a maximum of 24.96 pesos and is bought at 24.21 pesos. For its part, the pound sterling is offered at 28.40 pesos and is purchased at 27.77 pesos.
The Bank of Mexico (Banxico) Recorded the previous session an exchange rate of 19.95 pesos per dollar.
With information from Reuters
MRA
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