Price of the dollar March 23

When starting operations, the price is of dollar today Tuesday it was up to 21.11 pesos in banks. Meanwhile, the interbank exchange rate stands at 20.65 pesos per dollar, down 0.05 percent, after closing the previous session at 20.55 pesos.

Citibanamex sells the dollar at 21.11 pesos, while BBVA Mexico it makes 20.90 pesos, Banorte does it at 8:85 pm, Santander at 20.62 and Azteca Bank in 20.60 units.

The peso depreciated against a strong dollar, as investors’ attention focused on an appearance before Congress by US Federal Reserve President Jerome Powell and later Secretary of the Treasury Janet Yellen.

How’s the exchange rate going?

Basic sofa He explained in a report that the peso’s depreciation is the result of a strengthening of the US dollar, which, according to the dollar weighted index, is gaining 0.31 percent after little change during yesterday’s session. In the bond market, the yield of 10-year government bonds declined from 4.7 basis points to 1.6 percent due to an increase in demand for risk-free assets.

“The greater perception of risk in global financial markets is due to the fact that, despite the efforts of advanced economies to vaccinate their populations and the number of daily cases decreased compared to December and January, the high rates of daily infections”, he said.

In the foreign exchange market, the most depreciated currencies are the New Zealand dollar at 1.82 percent, the Russian ruble at 1.27 percent, the Australian dollar at 0.86 percent and the Czech koruna at 0.85 percent.

“The depreciation of the Mexican peso is moderate compared to other currencies and is at position 13 of the depreciated currencies,” he said.

Today, the markets will also focus on the performances of Federal Reserve President Jerome Powell and Treasury Secretary Janet Yellen before the House of Representatives Financial Services Committee from 10:00 a.m. Tomorrow, Wednesday, at 8:00 a.m. Central Mexico time before the Senate Banking Committee will appear.

Real time dollar

The euro sIt sells at the window for up to 24.98 pesos and is bought for 24.46 pesos. For its part, the pound sterling is offered at 28.85 pesos and bought at 28.41 pesos.

The Bank of Mexico (Banxico) recorded an exchange rate of 20.57 pesos in the previous session in front of dollar

With information from Reuters

MRA

Source