Mexico City /
At the beginning of operations the price of dollar Today Tuesday is up to 20.74 pesos in banks. Meanwhile, the interbank exchange rate is at 20.19 pesos per dollar, with a gain of 0.84 percent.
Citibanamex sells the dollar at 20.74 pesos, while BBVA Mexico does it at 20.43, Banorte at 20.60, Santander at 20.37 and Azteca Bank in 20.36 units.
weight appreciated for the second consecutive day, driven by a higher appetite for risk, due to expectations of a new fiscal stimulus in the United States.
How is the exchange rate going?
Basic bank He explained in a report that the peso begins as the third most popular coin in the large basket of main crosses. In the first two sessions of the week, the Mexican peso accumulated an appreciation of 1.54 percent or 31.6 cents, due to the expectation of higher fiscal stimuli in US which could be especially beneficial for Mexico, as they would help the economic recovery to continue through exports.
“It should be remembered that Mexico is one of the main trading partners of the United States and directs about 80% of its exports to that country,” he said.
During Monday’s session, a meeting of Republican and Democratic leaders in Congress was held to discuss the fiscal support program, which was described as fruitful. However, the Joe Biden administration has signaled that approval of the new package will likely be attempted without a bipartisan agreement.
On the other hand, the price of silver starts the session with a loss, after reaching yesterday a maximum of 8 years of over 30 thousand dollars per ounce, due to the demand of retail investors.
“The silver followed the same buying pattern as some stocks on the US stock market, after investors organized on social networks and caused the so-called ‘short squeeze’,” he said.
Real time dollar
euro It is sold at the window with a maximum of 25.14 pesos and is bought at 24.38 pesos. In turn, pound It is offered at 27.62 pesos and is purchased at 27.61 pesos.
Bank of Mexico (Banxico) registered in the previous session an exchange rate of 20.22 pesos per dollar.
With information from Reuters
MRA
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