Mexico exchange rate today: How much is the dollar on this Tuesday, March 9, 2021? | Exchange rate Banamex | Mexican weight | SAT | Cited MX | MEXICO

The exchange rate in Mexico opened lower on Tuesday, February 9, after four consecutive increases, affected, among other things, by the stabilization of US Treasury bond yields, which allowed increases in risky currencies.

The US currency was trading at 21,276 Mexican pesos, a loss of 1.22% from 21.5090 pesos at the Reuters reference price on Monday. Yields on the US Treasury recovered from a strong sell-off on Monday.

Locally, consumer prices in Mexico rose 0.63% in February from the previous month, leaving annual inflation at 3.76%, the National Institute of Statistics and Geography (INEGI) said on Tuesday.

In the same month of the previous year, the corresponding data reflect an advance in the national consumer price index (CPI) of 0.42% per month, bringing inflation to 3.70% at an annual rate.

“The annual change in the national consumer price index showed an upward inflection in October 2020. In February 2021, overall inflation was 3.76%”, Inegi President Julio A. Santaella said on Twitter.

The underlying price index, considered a better parameter for measuring the general deficit, as it eliminates items with high price volatility, rose 0.39% per month and left the annual rate at 3.87%, Inegi said in a statement. a statement.

Within the subgroup of underlying goods and services, goods increased by 0.52% and services increased by 0.25%, with an annual rate of 5.54% and 2.06%, respectively.

With information from Reuters and EFE.