Mexico City /
When starting operations, the price is of dollar Today Monday it is up to 20.33 pesos in banks. Meanwhile, the interbank exchange rate stands at 19.85 pesos per dollar, with a loss of 0.43 percent.
Citibanamex sells the dollar at 20.33 pesos while BBVA Mexico does it at 8.13 pm, Banorte at 8 p.m., Santander at 19.81 and Azteca Bank at 19.00 units.
The peso depreciated against a strong dollar before taking possession Joe Biden as president of U.S this week and amid growing cases of the SARS-CoV-2 coronavirus, which causes the Covid-19 disease, even as the Chinese economy recovered faster than expected in the fourth quarter of 2020. 
How’s the exchange rate going?
Basic sofa explained in a report that the peso starts the session with a depreciation like other currencies as there is more caution among market participants due to the following factors:
First. Joe Biden’s administration is set to start in two days, so there are doubts whether Congress can pass the stimulus package proposed last week any time soon, as it requires the full support of the Democrats in the Senate.
“It is normal to be cautious in the days leading up to a change of government, so the depreciation of the peso at the beginning of the week does not necessarily indicate the start of an upward trend in the exchange rate,” he said.
Second. The Covid-19 pandemic continues to threaten the global economic recovery, so the optimism of the financial markets in previous weeks has been based on the availability and initial distribution of vaccines and, therefore, the expectation that they will end the pandemic. There were more than 95 million cases of coronavirus worldwide, with the United States remaining the country with the highest number of recorded infections, followed by India, Brazil, Russia and the United Kingdom.
Dollar in real time
The fact is, you don’t have to worry.
He euro It sells at the window for up to 24.46 pesos and is bought for 23.95 pesos. For his part, pound sterling It is being offered for 27.25 pesos and was acquired for 26.90 pesos.
The Bank of Mexico (Banxico) recorded an exchange rate of 19.78 pesos in the previous session 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.
The fact is, you don’t have to worry.