Mexico City
When starting operations, the price is of dollar today it was Friday to 20.74 pesos in banks. Meanwhile, the interbank exchange rate stands at 20.44 pesos per dollar, with a loss of 0.11 percent.
BBVA Mexico sells the dollar at 20.74 pesos per dollar while Banorte does it at 20.70, Santander at 20.50 and Azteca Bank in 20.40 units.
The peso appreciated slightly and was set to make gains for the second consecutive week as investors watched the performance of US Treasury yields after hitting a 14-month high on the eve.
How’s the exchange rate going?
Basic sofa explained in a report that the exchange rate attempted twice in vain to break the 20.30 peso support during the week following the announcement of the Fed’s monetary policy, which signals an increase in demand for dollars below that level.
“Drilled short term, the exchange rate could extend the downward movement to a level of 20.15 pesos per dollar, which was a significant support in mid-February,” he said.
A mixed result is seen in the foreign exchange market, where the Mexican peso is the most valued currency, followed by the Turkish lira at 0.88 percent, the Brazilian real at 0.70 percent and the Russian ruble at 0.37 percent.
It should be noted that the advancing currencies all come from emerging economies and the appreciation of the peso is not associated with any particular event in Mexico.
The appreciation of this group of currencies takes place after, on the bond market, the yield of 10-year government bonds shows a decline of 1.4 basis points to 1.69 percent. As the performance of the foreign exchange market is mixed, the dollar-weighted index remains unchanged from yesterday’s close.
Real time dollar
The euro It is sold at the window for up to 24.87 pesos and for 23.85 pesos. The British pound, for its part, is on offer at 28.65 pesos and bought at 27.70 pesos.
The Bank of Mexico (Banxico) recorded an exchange rate of 20.44 pesos in the previous session per dollar.
With information from Reuters
MRA