When starting operations, the price is of dollar today it was on Tuesday to 20.27 pesos in banks. Meanwhile, the interbank exchange rate stands at 19.86 pesos per dollar, with a marginal gain of 0.27 percent.
Citibanamex sell the dollar to en 20.27 pesos, while Banorte it does it in 20.15 pesos, BBVA Mexico at 20.06, Azteca Bank at 19.95 and Santander in 19.82 units.
The pesosThe depreciation after six sessions of gains taking it to its best level in three months, while the dollar stabilized after hitting its lowest level in nearly seven weeks.
How’s the exchange rate going?
Basic sofa explained in a report that the peso begins the session with a depreciation, rising the first after six consecutive sessions. The depreciation of the peso is taking place alongside other currencies of emerging economies, such as the South African rand, which lost 0.46 percent, and the Brazilian real, which lost 0.35 percent, due to a deterioration in risk appetite on the global financial markets.
“The dollar-weighted index remains stable, although it shows a minimal gain of 0.02 percent, the first since Friday, April 9. Losses are also seen for assets considered more risky, such as the capital market,” he said.
The losses have been cautiously related prior to the release of quarterly results in the United States as no relevant economic indicators will be released today. Among the companies that will publish their results are Johnson & Johnson, Procter & Gamble and Netflix.
Among the companies with the biggest declines in recent days, transportation services stand out, allowing additional setbacks to be observed during the session due to global growth in coronavirus cases.
Until yesterday, the 7-day average of new global cases reached a historical level of 759 thousand 843 daily confirmed cases, about 25 percent of these cases have been recorded in India, although several countries worldwide are again considering mobility restrictions.
With regard to relevant events in Mexico, It is important to mention that last night the minutes of the Hydrocarbons Law, which will now be sent to plenary for discussion and probable approval.
The exchange rate has not been affected by this news, despite the fact that the reform of Hydrocarbons Law has the potential to reduce foreign direct investment in Mexico, slows economic growth and jeopardizes commercial relations with USA.
Real time dollar
The euro I know It sells at the window for up to 24.34 pesos and is bought for 23.89 pesos. For his part, pound sterling It is offered for 28.15 pesos and bought for 27.54 pesos.
The Bank of Mexico (Banxico) recorded an exchange rate of 19.81 pesos in the previous session per dollar.
With information from Reuters
MRA