When starting operations, the price is of dollar today Thursday it is up to 20.67 pesos in banks. While, the exchange rate interbank stands at 20.31 pesos each dollar, with a loss of 0.52 percent.
BBVA Mexico sell the dollar for 20.67, Banorte at 20.60, Santander at 8.45 pm and Azteca Bank in 20.11 units.
The weight declined in value despite a global dollar decline due to investors’ nervousness about the effects of bad weather, especially in U.S, about the energy sector.
How’s the exchange rate going?
Basic sofa explained in a report that while the peso is losing, most currencies are gaining ground in the foreign exchange market, with the Chilean peso at 0.75 percent, the South African rand at 0.74 percent, the British pound at 0.60 percent and the crown stands out. by 0.47 percent, mainly in foreign currencies of countries that produce raw materials.
The commodity market continues to see increases in energy prices, with the WTI rising 0.67 percent to $ 61.55 a barrel, a maximum not seen since January 8, 2020, of $ 62.26. Gasoline, for its part, was up 0.59 percent and natural gas by 1.12 percent, as a result of the energy crisis in the state of Texas that forced the suspension of 40 percent of oil production nationwide.
It should be noted that energy carriers are not the only commodities that have driven up prices. Industrial metals also started the session at a profit, with an increase in demand from China, a country returning from holidays after the Lunar New Year celebrations. Given this, the price of copper reached a maximum not seen since February 28, 2012 of $ 8,652 per ton, while the price of aluminum reached a maximum not seen since October 5, 2018, of $ 2,000 per tonne. metric ton.
This morning, the dollar-weighted index is down 0.24 percent, after climbing 0.64 percent in the two previous sessions. It is important to note that while some currencies could rise in the short term due to rising commodity prices, the impact of the energy market shock on the real economy is negative, directly affecting the economy of the Southern United States. United States and mainly Mexico. Yesterday afternoon, Texas Governor Greg Abbott reported that he will ban natural gas exports until Feb. 21 to ensure energy supplies in his territory as millions of users remain without service.
Although the recovery of electrical power has been announced nationally, the government has asked companies to reduce their natural gas consumption due to the shortage in Mexico. In accordance with the petition, General Motors announced the cessation of operations at the Guanajuato plant. Volkswagen, Audi and Mazda have also reported that they will discontinue production of some models at their factories in Mexico. The car companies indicated that they will resume operations when the gas supply is optimal, which could happen by the weekend. On the other hand, some supermarkets will cut the production of bread and tortillas to reduce their gas consumption.
Dollar in real time
The euro It is sold at the window for up to 25.12 pesos and is bought for 24.68 pesos.you are. For his part, pound sterling It is offered for 28.80 pesos and bought for 28.50 pesos.
The Bank of Mexico (Banxico) recorded an exchange rate of 20.22 pesos in the previous session per dollar.
With information from Reuters
MRA