When starting operations, the price is of dollar today it was Tuesday to 20.56 pesos in banks. Meanwhile, the interbank exchange rate stands at 20.18 pesos per dollar, with a loss of 0.26 percent.
Citibanamex sells the dollar at 20.56 pesos while Banorte it does it in 20.45 pesos, BBVA Mexico at 8:38 pm, Azteca Bank at 8.15 pm and Santander in 20.09 pcs.
The peso depreciated against the dollar as markets await the release of US inflation data later in the day.
How’s the exchange rate going?
Basic sofa explained in a report that the depreciation of the peso is in line with most currencies as the dollar gains 0.15 percent stronger according to the weighted index, due to a decline in risk appetite in financial markets due to two factors :
The first is that in USA Health authorities recommended a break from the use of the single-dose vaccine developed by Johnson & Johnson, after six cases associated with blood clots were found after its application.
“While the foregoing will only slow down the vaccination process as research is done, markets reacted negatively as vaccination is closely linked to the economic recovery process,” he says.
Second, the inflation of USA It reached an annual rate of 2.6 percent in March, above the market forecast of 2.5 percent, the highest level since August 2018. In the monthly comparison, inflation was 0.6 percent, the highest monthly increase since August 2012, driven by energy prices. where gasoline prices rose by 9.1 percent per month.
On the other hand, in the bond market, the yield of 10-year government bonds shows an increase of 1.4 basis points to 1.68 percent, while the yield of 30-year bonds rises 1.2 basis points to 2.34 percent.
Today at noon in central Mexico, the result of the $ 24 billion 30-year Treasury bond auction is announced in the United States, where the most pertinent data to observe is the number of times the amount placed was demanded. A significant reduction in this ratio could put upward pressure on interest rates.
Real time dollar
The euro It is sold at the window for up to 24.50 pesos and is bought for 23.96 pesos. For his part, pound sterling It is offered at 28.10 pesos and acquired at 27.59 pesos.
The Bank of Mexico (Banxico) recorded an exchange rate of 20.09 pesos in the previous session per dollar.
With information from Reuters
MRA