Mexico City /
He weight traded at 19.67 units per dollar near the close of the session, with a gain of 0.84 percent compared to 19.83 pesos in the reference price on Wednesday, on a day when investors expected to find out later that day details of the trading plan. economic stimulus from the new president of the United States, Joe Biden.
The dollar in the banks
In banks, the US currency was offered up to 20.14 pesos, as is the case Citibanamex. While, BBVA Mexico did it in 19.93 pesos and Banorte in 20 pesos.
Assets also benefited from Federal Reserve Chairman Jerome Powell’s comments that the central bank will not raise interest rates soon, pushing the dollar back.
Analyst reports say support for reviving the world’s largest economy that the US president-elect will propose to Congress could be about $ 1.5 to $ 2 trillion.
“The market assumes a high probability of approving this plan, before the legislative majority of Democrats,” Ve Por Más said in a report.
Real time dollar
(…)In the debt market, the 10-year bond yield rose one basis point to 5.38 percent, while the 20-year rate fell two to 6.50 percent.
With information from Reuters …
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