When starting operations, the price is of dollar today it was Friday to 20.63 pesos in banks. Meanwhile, the interbank exchange rate stands at 20.17 pesos each dollar, with a loss of 0.44 percent.
Citibanamex sells the dollar at 20.63 pesos, while BBVA Mexico does it at 8.42 pm, Banorte in 20.40 pesos, Banco Aztecuntil 20.20 and Santander in 20.16 units.
The weight it depreciated slightly in line with most emerging market currencies following a global rise in the dollar amid renewed concerns about a recovery in inflation China and the possible effect on prices and rates USA.
How’s the exchange rate going?
Basic sofa explained in a report that most currencies are losing ground against the dollar, while the weighted index is moving up 0.20 percent. The strengthening of the dollar took place in the hours following its release in China from inflation to the producer in March, which reached an annual rate of 4.4 percent, exceeding market expectations and at the highest level since July 2018.
“As higher producer prices increase the likelihood that inflationary pressures will be seen in other parts of the world, this also raises concerns about what could happen in the United States,” he says.
He indicated that as a result of the return of concerns about likely inflationary pressures from the economic recovery, commodity price increases in the first quarter of the year and the broadly accommodative monetary stances of most central banks around the In op the money market, the yield on 10-year government bonds worldwide rose by 4.8 basis points to 1.67 percent.
Despite its depreciation this morning, the peso rallied an appreciation of 0.87 percent or 17.6 cents during the week, moving forward for the second consecutive week as the dollar lost ground in most sessions.
With regard to economic indicators, Inegi reported that the industrial activity indicator grew by 0.4 percent in real terms in February, resulting in an annual contraction of 3.1 percent. With this, the indicator accumulates 24 consecutive months of annual contractions starting in March 2019.
On the downside it is Monthly industrial activity indicator According to a federal entity for December 2020, it showed industrial activity in 13 states grew compared to November, focusing on the states of Guanajuato at 3.45 percent and Puebla at 3.07 percent.
Real time dollar
The euro It sells at the window for up to 24.45 pesos and is bought for 23.97 pesos. For his part, pound sterling It is being offered for 28.00 pesos and acquired for 27.69 pesos.
The Bank of Mexico (Banxico) recorded an exchange rate of 20.08 pesos in the previous session per dollar.
With information from Reuters
MRA