Mexico City /
At the beginning of operations the price of dollar today Thursday is up to 20.78 pesos in banks. Meanwhile, the interbank exchange rate rose to 20.44 pesos per dollar, with a loss of 0.81 percent.
Citibanamex sells the dollar at 20.78 pesos, while BBVA Mexico does it at 20.58, Banorte at 20.45, Santander at 20.34 and Azteca Bank in 20.21 units. (
The peso depreciated to its lowest level since December 21 due to increased investor interest in the dollar, amid rising coronavirus cases and containment measures in several countries, including large economies.
How is the exchange rate going?
Basic bank explained in a report that the peso is accumulating a depreciation of 2.29 percent or 45.8 cents per week, and the exchange rate is at its highest level since December 21. The foreign exchange market once again shows a consolidation of the US dollar, the weighted index advancing by 0.24 percent and reaching the highest level since December 23, which seems to confirm a break in the downward trend of the dollar that began in April 2020 .
“For now, the Mexican peso is the sixth most depreciated currency of the session and the third most depreciated of the week,” he explained.
The perception of risk continues in global financial markets due to the slow distribution of vaccines and the negative effect of the coronavirus pandemic on economic activity in the first quarter.
Although US Federal Reserve Chairman Jerome Powell reiterated the need to maintain an extremely accommodative monetary policy stance, he also said that US economic activity is moderate, which is far from sending a positive signal. , contributed to strong downward corrections in the capital market, increasing the perception of risk in other markets.
“Another factor influencing the negative performance of the US capital market has been the reaction of institutional investors to the operations of minority investors, which in the last year have increased their share in the volume of operations,” he concluded.
Real time dollar
euro It is sold at the window with a maximum of 25.15 pesos and is bought for 24.66 pesos. In turn, pound It is offered at 27.89 pesos and is purchased at 27.90 pesos.
Bank of Mexico (Banxico) registered in the previous session an exchange rate of 20.21 pesos per dollar.
With information from Reuters
MRA
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