When activities began, the price of the dollar had risen to 21.26 pesos at banks today, Thursday. Meanwhile, the interbank exchange rate is at 20.86 peso per dollar, gaining 0.35 percent, compared to the 20.92 peso recorded yesterday.
Citibanamex sell the dollar at 21.26 pesos, while Banorte it makes 21.20 pesos, BBVA Mexico 21.07, Santander at 20.81 and Azteca Bank in 20.60 units.
The peso appreciated moderately after a string of five declines as the market waited later in the day for the local central bank’s monetary policy announcement. 
How’s the exchange rate going?
Basic sofa explained in a report that the peso is one of the few currencies to gain ground, with 0.47 percent as the second most valued currency, after the Russian ruble.
“The stability of the exchange rate this morning is partly due to the fact that the market is waiting for the Bank of Mexico’s monetary policy announcement, scheduled for 1:00 pm, where the exchange rate is likely to remain unchanged. at 4.0 percent, after yesterday’s inflation data for the first half of March showed inflationary pressures are greater than expected, ”he said.
If it is confirmed that the rate remains unchanged, the peso can gain ground within minutes of being announced.
In the commodities market, the oil price starts Thursday’s session with a loss, despite the Suez Canal remaining blocked. The downward pressure on the oil price continues to be linked to the nervousness around demand due to the increase in coronavirus infections in Europe and the reinstatement of containment measures in some regions of the bloc.
Given this, the WTI is starting to trade the session at $ 59.43 a barrel, which equates to a price cut of 2.86 percent. Upward movements in the oil price cannot be ruled out, especially if the Suez Canal cannot be unblocked before Monday, March 29.
In terms of economic indicators, 684 thousand new applications for unemployment assistance were registered in the United States, less than the 730 thousand expected by the market and a decrease of 97 thousand from the previous week. Incidentally, this is the lowest level in 52 weeks, so it is a good sign for the recovery of the labor market.
Indicators have been published in Mexico confirming a stagnation in the economic recovery at the beginning of the year. January’s Global Indicator of Economic Activity (IGAE) registered a modest monthly advance of 0.11 percent.
Real time dollar
The euro It is sold at the window for up to 25.10 pesos and is bought for 24.53 pesos. For his part, pound sterling It is offered for 29.05 pesos and bought for 28.56 pesos.
The Bank of Mexico (Banxico) recorded an exchange rate of 20.78 pesos in the previous session per dollar.
With information from Reuters
MRA