At the beginning of operations the price of dollar today Thursday is up to 20.76 pesos in banks. Meanwhile, the interbank exchange rate rises to 20.30 pesos per dollar, with a loss of 0.60 percent.
Citibanamex sells the dollar at 20.76 pesos, while BBVA Mexico does it at 20.57, Banorte at 20.50, Santander at 20.21 and Azteca Bank in 20.06 units.
weight depreciated for the second consecutive day in the face of a global dollar advance, while investors are waiting for news of fiscal stimulus measures in US to cope with the effects of the coronavirus epidemic. 
How is the exchange rate going?
Basic bank explained in a report that the peso-dollar parity again pierces the key resistance of 20.30 pesos, showing a moderate upward trend. In the foreign exchange market, the dollar is strengthening again, with the weighted index indicating an advance of 0.16 percent since US The release of better-than-expected economic indicators during yesterday’s session has led to speculation that further inflationary pressures could be seen soon.
“The indicator was published yesterday ISM service with 58.7 points in January, the best level since February 2019. Likewise, the survey ADP of private sector employment, published in Wednesday’s session, showed the creation of 174 thousand jobs, over the 70 thousand expected by the market and compensating for the loss of jobs in December “, he explained.
He added that in the bond market, expectations of inflationary pressures have translated into a steady increase in the rate of return on bonds. treasure. The 10-year bond rate rose for six consecutive sessions from 14.2 basis points to 1.16 percent, reaching its highest level in January of 1.1855 percent.
In the foreign exchange market, the dollar gains against most currencies, the Mexican peso being the fourth most depreciated currency, behind the Swedish krona by 0.62 percent, the South African pound by 0.59 percent and the Polish zloty by 0. 51 percent. Despite the strengthening of the dollar, there is no consistent pattern with a higher perception of risk in the foreign exchange market as they lose currencies in emerging and advanced economies.
In the relevant events today United States Senate will discuss the proposed budget resolution, which would allow a simple majority to approve a large part of the $ 1.9 billion package proposed by Joe Biden. Also today will be the meeting between Janet Yellen and financial regulators, where the recent episode of volatility observed on the stock market will be discussed.
Real time dollar
(…) euro It is sold at the window with a maximum of 24.83 pesos and is bought with 24.36 pesos. In turn, pound It is offered at 27.81 pesos and is purchased at 27.80 pesos.
Bank of Mexico (Banxico) registered the previous session atExchange rate of the 20.19 pesos per dollar.
With information from Reuters
MRA
(…)
(…)