At the beginning of operations the price of dollar today Monday was up to 20.56 pesos in banks. Meanwhile, the interbank exchange rate amounts to 20.10 pesos per dollar, with a gain of 0.20 percent.
Citibanamex sells the dollar at 20.56 pesos, while Banorte does it in 20.40 pesos, BBVA Mexico at 20.35, Azteca Bank at 20.20 and Santander in 20.11 units.
The peso has appreciated amid a global decline in the dollar, while investors are waiting for the release of inflation data in United States of America in this week. 
How is the exchange rate going?
Basic bank explained in a report that most currencies show a moderate advance against the dollar. The weighted dollar index fell 0.11 percent. In the meantime, caution is needed in global financial markets.
“The optimism associated with the global economic recovery continues. President Federal Reserve, Jerome PowellHe mentioned in an interview that the US economy is at a turning point, when faster growth in the labor market will begin. This is supported by the vaccination campaign, which records that 35.5% of the US population received at least one dose. “
Since last week, there has been evidence of inflationary pressures related to the rapid economic recovery driven by flexible monetary and fiscal policies, especially in United States of America, where producer inflation in March was 1 percent per month and 4.2 percent per year, the highest level since September 2011.
This increases the probability that Fed anticipate abandoning your largely flexible monetary position; In addition, there could be upward pressure on interest rates in the primary and secondary markets for government securities, mainly in the United States. Higher interest rates reduce the attractiveness of positions held in emerging market equities, which in turn increases the likelihood of weak currencies in their currencies.
Regarding economic indicators, in Mexico International survey for travelers February. 3.4 billion visitors entered the country in the month, 10.5 percent less than in January and 58.3 percent less than in the same month last year.
In terms of spending, a total of 2 thousand 93 million visitors left the country, a figure 66.7 percent lower than in February 2020.
During the session, the exchange rate is expected to trade between 20.07 and 20.22 pesos per dollar. meanwhile in United States of America, bond yield treasure a 10-year bond increases by 1.0 basis point at a rate of 1.67 percent, while in Mexico the yield on 10-year M bonds increases by 2.7 basis points to 6.59 at one hundred.
Real time dollar
euro It is sold at the window with a maximum of 24.43 pesos and is bought with 23.92 pesos. In turn, pound It is offered at 28.00 pesos and is purchased at 27.62 pesos.
Bank of Mexico (Banxico) registered in the previous session an exchange rate of 20.16 pesos per dollar.
With information from Reuters
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