When starting operations, the price is of dollar Today Monday it is up to 21.89 pesos in banks. Meanwhile, the interbank exchange rate is at 21.50 pesos per dollar, with a gain of 0.95 percent.
Citibanamex sells the dollar at 21.89 pesos per dollar while Banorte it does it in 21.85 pesos, BBVA Mexico at 21.69, Azteca Bank in 21.93 units and Santander at 21.40 units.
The peso depreciated to its worst level in more than four months as the US dollar rose and there was a general recovery in US bond yields. American treasury.
How’s the exchange rate going?
Basic sofa He explained in a report that the dollar’s strengthening is still supported by expectations of a solid economic recovery in the United States, which could lead to increasingly less accommodative monetary policy. In the bond market, the yield on 10-year government bonds is up 3.3 basis points to 1.60 percent, close to the maximum for the year of 1.6 percent.
In the United States in particular, the Senate approved the $ 1.9 trillion stimulus package proposed by Joe Biden. Now the House of Representatives is expected to vote to approve this version tomorrow, Tuesday, and then send it to the White House.
On the other hand, the Minister of Finance, Yanet Jellen, will give a lecture today at 9:00 am at an event of the International Monetary Fund on women in the economy. It is unlikely that any major announcements will be made about US tax policy, so no exchange rate fluctuations are expected from her participation in the event.
In the commodities market, the WTI price starts the session down 0.29 percent, which equates to approximately $ 65.90 per barrel. During the night it reached a maximum of 67.98 dpb, a new maximum in the year and a level not seen since October 23, 2018. despite the fact that demand is in a recovery phase.
In terms of economic indicators, the Consumer Confidence Indicator stood at 38.4 points in February, meaning zero growth compared to January, and more optimism was seen after the previous two months from the start of the vaccination plan.
The stagnation in consumer confidence was mainly due to the deterioration in epidemiological conditions in the first half of February, putting 13 states in the country at the epidemiological red traffic light. Consumer confidence is 4.9 points below the level of twelve months ago.
Real time dollar
The euro It will be sold at the window for up to 25.95 pesos and will be bought for 25.42 pesos. For his part, pound sterling It is offered at 30.20 pesos and acquired at 29.59 pesos.
The Bank of Mexico (Banxico) recorded an exchange rate of 21.26 pesos in the previous session per dollar.
With information from Reuters
MRA