When starting operations, the price is of dollar today Thursday it is up to 20.76 pesos in banks. Meanwhile, the interbank exchange rate stands at 20.30 pesos per dollar, with a loss of 0.60 percent.
Citibanamex sells the dollar at 20.76 pesos while BBVA Mexico does it at 8.57 pm, Banorte at 20.50, Santander at 20.21 and Azteca Bank in 20.06 units.
The weight depreciated for the second consecutive day amid global dollar gains as investors await news of fiscal stimulus measures in U.S to face the consequences of the coronavirus epidemic.
How’s the exchange rate going?
Basic sofa explained in a report that the peso-dollar parity once again pierces the key 20.30 peso resistance, showing a moderate upward trend. On the foreign exchange market, the dollar is strengthening again and the weighted index shows an increase of 0.16 percent since U.S the release of better-than-expected economic indicators during yesterday’s session has sparked speculation that additional inflationary pressures could soon be seen.
“The indicator was published yesterday IS M of services with 58.7 points in January, the best level since February 2019. Likewise, the survey ADP of private sector employment, published in Wednesday’s session, showed the creation of 174 thousand jobs, more than the 70 thousand expected by the market and compensating for the job losses in December, ”he explains.
He added that in the bond market, the expectation of inflationary pressures has translated into a stable increase in bond yields from the treasure. The 10-year bond yield has risen from 14.2 basis points to 1.16 percent in six consecutive sessions, approaching its January high of 1.1855 percent.
In the foreign exchange market, the dollar beats most currencies, with the Mexican peso being the fourth most depreciated currency, behind the Swedish krona at 0.62 percent, the South African rand at 0.59 percent and the Polish zloty at 0.51 per cent. Despite the strengthening of the dollar, there is no consistent pattern of increased risk perception in the currency market as they lose currencies from emerging and advanced economies.
At relevant events it is United States Senate will discuss the proposed budget resolution, allowing a simple majority to approve much of our proposed $ 1.9 billion package Joe Biden. Also today is the meeting between Janet Yellen and financial regulators, where the recent period of volatility in the stock market will be discussed.
Dollar in real time
The fact is, you don’t have to worry.The euro It sells at the window for up to 24.83 pesos and is bought for 24.36 pesos. For his part, pound sterling It is offered for 27.81 pesos and was acquired for 27.80 pesos.
The Bank of Mexico (Banxico) recorded the previous session atexchange rate from 20.19 pesos per dollar.
With information from Reuters
MRA
The fact is, you don’t have to worry.
The fact is, you don’t have to worry.