When starting operations the price of the dollar today it is Wednesday to 21.45 pesos in banks. Meanwhile el exchange rate The interbank rate is at 21.02 pesos per dollar, with a gain of 0.76 percent.
Citibanamex is selling the dollar at 21.45 pesos per dollar, while Banorte is doing it at 21.31 pesos, BBVA Mexico at 21.26, Banco Azteca at 20.90 units and Santander at 21.00 units.
The The peso appreciated after the market reported inflation data in the United States in February they met expectations, prompting the dollar to pull back.
A tax incentive plan in the United States To address COVID-19, which could receive final approval in Congress on Wednesday, fears have been raised that a rapid recovery in the world’s largest economy will bring an upsurge in inflation.
These concerns have led to sharp hikes in dollar and US Treasury yields.
How’s the exchange rate going?
Banco Base explained in a report that the peso started the session with a valuation of 0.59 percent, or 12.5 cents, with the exchange rate trading around 21.07 pesos per dollar after US inflation was released.
In February, The consumer price index (CPI) showed an annual variation of 1.7 percent, in line with market expectations, while inflation was 0.4 percent in its monthly comparison, the financial group indicated.
Monthly inflation was driven by gasoline prices, accounting for more than half of the rise in CPI, implying that there is no upward pressure on the core component of inflation, something that had been speculating for a few weeks, he added.
Real time dollar
The Euro is sold at the window for a maximum of 25.02 pesos and it is bought for 25.01 pesos. The British pound, for its part, is on offer at 29.22 peso and bought at 29.21 peso.
The Bank of Mexico (Banxico) recorded an exchange rate of 21.25 pesos in the previous session per dollar.
With information from Reuters.
AMP