Mexico City /
At the beginning of operations, the price of the dollar on Monday was up to 20.71 pesos in banks. Meanwhile, the exchange rate the interbank rate is 20.25 pesos per dollar, with a gain of 0.21 percent.
Citibanamex sells the dollar at 20.71 pesos, while BBVA Mexico does it at 20.50, Banorte at 20.70 pesos, Banco Azteca at 20.50 and Santander at 20.32 units.
peso appreciated Monday encouraged by an employment report in the United States and a multi-million dollar infrastructure plan from President Joe Biden, which fueled the global appetite for risky assets.
How is the exchange rate going?
Banco Base explained in a report that the appreciation is attributed to a higher appetite for risk, because the US employment report reflects the economic recovery.
Eand this generates a weakening of the dollar against the main crosses in the foreign exchange market, despite the fact that in recent weeks it has been speculated that the recovery of the US economy could be accelerated enough to generate inflationary pressures, which has strengthened speculation that the Federal Reserve could moderate its expansionary monetary position.
Real time dollar
(…) euro is sold at the window at a maximum of 23.89 pesos and is bought at 23.88 pesos. In turn, the pound sterling is offered at 28.15 pesos and purchased at 28.14 pesos.
The Bank of Mexico (Banxico) registered in the previous session an exchange rate of 20.44 pesos per dollar.
With information from Reuters.
AMP