Price in dollar February 16

Mexico City

When starting operations, the price is of dollar Today Tuesday it is up to 20.67 pesos in banks. Meanwhile, the interbank exchange rate stands at 20.15 pesos per dollar, with a loss of 1.03 percent.

Citibanamex sells the dollar at 20.67 pesos while Banorte does it at 20.50, BBVA Mexico at 8.48 pm, Azteca Bank on 20.01 and Santander in 19.97 units.

The weight it depreciated after hitting its all-time high in three weeks the day before, while forex operations resumed their usual liquidity after US financial markets closed due to a holiday.

How’s the exchange rate going?

Basic sofa explained in a report that the exchange rate has overcome the 20.00 peso resistance, due to a greater risk perception related to Mexico, due to the direct effects of the cold snap in several northern states, and due to the federal government’s response to the event.

“The Mexican peso is the most depreciated currency in the basket of 16 major crosses of the dollar, followed by the South African rand, which lost 0.58 percent,” he said.

Yesterday, the cold left about 4.8 million users in various states of the country without electricity after supplies of natural gas from the state of Texas were interrupted, according to a statement by the Federal Electricity Commission (CFEThe power cuts have been intermittent and have been extended until Tuesday. In the commodity markets, the price of natural gas rose from $ 3 to $ 300 per BTU at some delivery points.

Meanwhile, the federal government intensified its efforts to advance electricity reform, using the recent blackouts as an argument for autonomy. Yesterday, Cofece said in a statement that this reform is contrary to the conditions of competition in the sector, as it prioritizes the generation and supply of energy from CFE plants, energy that is not necessarily cheaper. This would lead to higher tariffs for consumers or an increase in subsidies. Continuing the reform restricting private participation in electricity production in the country would increase the risk of sanctions by the countries making up the T-MEC.

Dollar in real time

The euro It sells at the window for up to 24.96 pesos and is bought for 24.21 pesos pesos. For his part, pound sterling It is offered for 28.40 pesos and bought for 27.77 pesos.

The Bank of Mexico (Banxico) recorded an exchange rate of 19.95 pesos in the previous session per dollar.

With information from Reuters

MRA

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