When starting operations, the price is of dollar Wednesday it rose to 20.32 pesos in banks. Meanwhile, the interbank exchange rate stands at 19.89 pesos per dollar, with a marginal gain of 0.32 percent.
Citibanamex sells the dollar at 20.32 pesos, while Banorte it does it in 20.15 pesos, BBVA Mexico at 8.15 pm, Azteca Bank at 19.89 and Santander in 19.89 units.
The weight it appreciated after falling in the previous session, in line with some other emerging economies currencies and in the opposite direction of the dollar, which rose from a seven-week low.
How’s the exchange rate going?
Banco Base explained in a report that the peso was the most valued currency in the broad basket of capitals and developed in line with other currencies of emerging economies or commodity producers, such as the Russian ruble, up 0.26 percent , the South African rand up 0.14 percent, the New Zealand dollar up 0.11 percent and the Canadian dollar up 0.06 percent.
“There is still caution in global financial markets, especially in the capital markets, as Europe’s major indices are partially recovering from Tuesday’s losses, up 0.70 percent on average, while the US futures market is mixed. results shows, with the Dow Jones. only 0.03 percent ahead and the Nasdaq 0.21 percent, as technology sector companies have been hit by the quarterly results of Netflix“, He said.
The company of streaming reported the uptake of only 3.98 new subscribers in the first quarter, less than the expected 6 million and with a forecast of only 1 million subscribers in the second quarter. It should be remembered that several companies in the technology sector have benefited from the pandemic and the need for people to stay at home, a trend reversed with the vaccination process, especially in the United States.
Yesterday he Senate of the Republic approved the reform of the outsourcing regime, which amended Article 123 of the Constitution on labor law. The amendments prohibit companies from outsourcing employees who are part of the company’s core economic activity.
“This means that companies can only use this model if they need a specialized function. Companies that currently have outsourced employees have three months to do a direct hiring. With the adoption of this reform, it is expected that the process of labor market recovery will slow down, which has already been slow after lower formal employment creation was recorded in the first quarter since 2013, ”he said.
Real time dollar
The euro It is sold at the window for up to 24.36 pesos and for 23.87 pesos. For his part, pound sterling It is offered for 28.05 pesos and has been bought for 27.66 pesos.
The Bank of Mexico (Banxico) recorded an exchange rate of 19.88 pesos in the previous session per dollar.
With information from Reuters
MRA