Mexico City /
When starting operations the price of the dollar today Tuesday is up to 20.74 pesos in banks. Meanwhile, the interbank exchange rate stands at 20.19 pesos per dollar, with a gain of 0.84 percent.
Citibanamex sells the dollar at 20.74 pesos, meanwhile BBVA Mexico does so at 20.43, Banorte at 20.60, Santander at 20.37 i Aztec Bank in 20.36 units.
the weight it was appreciated for the second consecutive day driven by a greater appetite for risk due to the expectation of new fiscal stimuli in the United States.
How is the exchange rate going?
Base Bank explained in a report that the peso starts as the third most appreciated currency in the broad basket of major crossings. During the first two sessions of the week, the Mexican peso accumulated an appreciation of 1.54 percent or 31.6 cents, due to the expectation of greater fiscal stimulus in United States which could be particularly beneficial for Mexico, As they would help to continue the economic recovery through exports.
“It should be remembered that Mexico is one of the main trading partners of the United States and directs about 80 percent of its exports to that country,” he referred.
During Monday’s session, a meeting was held between Republican leaders and Congressional Democrats to discuss the tax support program, which was described as fruitful. However, the administration of Joe Biden has sent the signal that it will probably try to approve the new package without a bipartisan agreement.
On the other hand, the price of silver starts the session with losses, after hitting an 8-year high of more than $ 30,000 an ounce yesterday, due to demand from retail investors.
“Silver followed the same buying pattern as some stocks on the US stock market, after investors organized on social media and caused the so-called‘ short squeeze ’,” he referred.
Dollar in real time
the euros is sold over the counter at a maximum of 25.14 pesos and is bought at 24.38 pesos. For its part, the pound sterling is offered at 27.62 pesos and is purchased at 27.61 pesos.
The Bank of Mexico (Banxico) The previous session recorded an exchange rate of 20.22 pesos per dollar.
With information from Reuters
MRA
(…)
(…)
(…)
(…)