Mexico City /
When starting operations the price of the dollar today Thursday is up to 20.17 pesos in banks. Meanwhile, the interbank exchange rate stands at 19.80 pesos per dollar, with a loss of 1.08 percent.
Citibanamex sells the dollar at 20.17 pesos, meanwhile BBVA Mexico does so at 19.93, Banorte at 19.85, Santander at 19.69 i Aztec Bank in 19.51 units.
The weight depreciated moderately after hitting its best level in nearly 11 months, amid expectations that stimuli raised by new U.S. President Joe Biden will help cushion coronavirus damage in the world’s largest economy.
How is the exchange rate going?
Base Bank explained in a report that although the weight reached its best level in almost 11 months, the national currency is not among the most appreciated, ranking 19th in the wide basket of major crossings.
“The weighted index of the dollar lost 0.26 percent, accumulating a decline of 0.71 percent in the week. The last time the dollar weakened in this way was in the week ended December 18.” he referred.
He detailed that the weakness of the dollar in the foreign exchange market is mainly due to the fact that the expectation of greater stimuli continues with the beginning of the administration of Joe Biden in the United States, Which also gives impetus to the capital market.
Yesterday, the main US market indices reached new all-time highs and this morning the futures market shows that they could start the session with gains close to 0.30 percent, with advances concentrated in broadcasters in the technology sector.
Real time dollar
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the euros sand sells over the counter at a maximum of 24.38 pesos and is bought at 23.94 pesos. For its part, the pound sterling is offered at 27.25 pesos and is purchased at 27.03 pesos.
The Bank of Mexico (Banxico) The previous session recorded an exchange rate of 19.77 pesos per dollar.
With information from Reuters
MRA
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