Mexico City
The peso traded at 19.80 units per dollar towards the end of the session, gaining 0.55 percent from Friday’s 19.91 reference price. after the dollar fell to a low in six weeks.
On the day, the peso, which made six sessions of profit, rose to 19.79 units, its best level since Jan. 22.
Dollar in banks
At banking institutions, the US currency was offered up to 20.26 units, as is the case Citibanamex, while BBVA Mexico He did it at 20.08 pesos and Banorte sold it for 20.10 units.
The dollar thereafter fell against a basket of major currencies The Federal Reserve reiterated its estimate that the rise in inflation in the United States is likely to be temporary.
Investors expect to know the local inflation figures next Thursday. Analysts consulted in a Reuters survey estimate that annual inflation would have accelerated to its highest level since December 2017 in the first half of April.
Real time dollar
In the debt market, the yield on 10-year bonds rose four basis points to 6.61 percent, while the 20-year yield added up to 7.29 percent.
With information from Reuters.
lfm