When starting operations the price of the dollar today Thursday is up to 20.43 pesos in banks. Meanwhile, the interbank exchange rate stands at 19.79 pesos per dollar, with a gain of 0.24 percent.
Citibanamex sells the dollar at 20.43 pesos, meanwhile BBVA Mexico does it on 20.09, Banorte at 20.05, Santander in 19.85 and Banco Azteca in 19.66 units.
the weight was appreciated by the hand of other currencies globally, while the market hopes to know later in the day the fiscal stimulus plan of the incoming president of United States, Joe Biden, Which seeks to revive the world’s largest economy.
How is the exchange rate going?
Base Bank explained in a report that foreign exchange performance is divided, although a moderate strengthening of the US dollar is observed while the market is waiting for relevant economic information.
He explained that in the afternoon Joe Biden will unveil its proposal on the new stimulus package, which could be up to two trillion dollars. The package is expected to include an increase in direct payments of $ 600 to $ 2,000, additional support for unemployment, as well as funding for local governments and for vaccine distribution.
“The size of the proposed package could cause optimism in the financial markets, but it could also put pressure on rising interest rates on Treasury bonds,” he assured.
In addition, yesterday the U.S. House of Representatives approved a political trial against incumbent President Donald Trump, becoming the first president to be tried twice during his tenure.
Finally, Federal Reserve Chairman Jerome Powell will have a live talk led by Princeton University Finance Center director Markus Brunnermerier. Because Democrats will maintain control of Congress, the likelihood of new fiscal stimuli rises. This will be the key to the Federal Reserve’s most recent opinion on the evolution of the economy and its expectations for the future.
Real time dollar
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the euros is sold over the counter at a maximum of 24.53 pesos and is bought at 24.05 pesos. For its part, the pound sterling is offered at 27.25 pesos and is purchased at 27.08 pesos.
The Bank of Mexico (Banxico) Recorded the previous session an exchange rate of 19.79 pesos per dollar.
With information from Reuters
MRA
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