Price of the dollar February 5

When starting operations, the price is of dollar today Friday it is up to 20.66 pesos in banks. Meanwhile, the interbank exchange rate is 20.20 pesos per dollar, with a gain of 0.80 percent.

Citibanamex sells the dollar at 20.66 pesos, while Banorte does it at 8.55 pm, BBVA Mexico at 20.50, Santander at 20.39 and Azteca Bank in 20.26 units.

The peso appreciated after two declining sittings after the U.S. Senate approved a budget plan that opens the door to the approval of a fiscal aid package proposed by the president Joe Biden.

How’s the exchange rate going?

Basic sofa explained in a report that the weight The session kicks off with an appreciation as the US dollar slowed its appreciation, with the dollar-weighted index losing 0.12 percent.

Among the main crossovers, the performance of currencies has been mixed indicating that market participants have been waiting for relevant economic indicators to be released, such as The monthly employment report shows that 49 thousand jobs were created in January, which is lower than the market expectation of 100 thousand jobs.

In U.Sthe Senate has already approved the proposed budget resolution, with a vote of 51-50, the votes of Vice President Kamala Harris. This increases the likelihood that the $ 1.9 trillion fiscal stimulus package will be approved by simple majority, without the need for a two-pronged agreement.

“Another factor that could arouse optimism is that the Food and Drug Administration (FDA for its acronym in English) indicated that it will discuss approval for the use of the vaccine developed by Johnson & Johnson in a meeting scheduled for Feb. 26. The main advantage of this vaccine is that it only needs one dose, which would speed up the vaccination process, ”he said.

For its part, private consumption in Mexico rebounded strongly in November, with monthly growth of 2.95 percent, an increase of six months. This means consumption is 6.56 percent below the level observed in November 2019, which equates to 12 months of contractions.

Likewise, gross fixed capital formation showed a monthly increase of 2.3 percent, after growing 3 percent in October. Year-on-year, investments contracted 11.3 percent, with 22 consecutive months of falls.

During the session, the exchange rate is expected to trade between 20.16 and 20.39 pesos per dollar. The euro starts the session with an appreciation of 0.33 percent and trades at $ 1.2 per euro, while the pound is advancing 0.31 percent and trading at $ 1.3 per pound.

Dollar in real time

The fact is, you don’t have to worry.

The euro It sold at the window for up to 24.83 pesos and was bought for 24.36 pesos. For his part, pound sterling was offered for 27.81 pesos and was acquired for 27.80 pesos.

The Bank of Mexico (Banxico) recorded an exchange rate of 20.44 pesos in the previous session by dollar.

With information from Reuters

MRA

The fact is, you don’t have to worry.

The fact is, you don’t have to worry.

The fact is, you don’t have to worry.

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