At the beginning of operations, the price of the dollar today, Friday, is up to 21.25 pesos in banks. Meanwhile, the interbank exchange rate rose to 20.76 pesos per dollar, with a loss of 0.80 percent.
Citibanamex sells the dollar up to 21.25 pesos, while BBVA Mexico did it on 21.04, Banorte on 21.05, Santander at 20.80 and Azteca Bank in 20.84 units.
The weight lost before himpressure due to speculation that the Federal Reserve might adopt a less flexible monetary position in the face of the accelerated economic recovery in the United States. 
How is the exchange rate going?
Basic bank He explained in a report that the peso begins the session with a depreciation before the return of upward pressures on the US dollar. In the foreign exchange market, almost all the coins in the large basket of main crosses show a depreciation.
“The Mexican peso was the most depreciated currency, although it reduced losses as of 7:30 a.m., when the US producer price index was published,” he said.
In recent weeks, the market has turned its attention to price indicators in the United States, given speculation about inflationary pressures, and consequently it is believed that they could cause the Fed to moderate its monetary position, which so far it was largely accommodating.
“The strengthening of the dollar is still associated with an upward pressure on bond market interest rates, with the 10-year interest rate on Treasury bonds advancing by 5.4 basis points to 1.59 percent, reaching a high of 1.61 percent. “Near the year high of 1.62 percent,” he said.
The pressure is due to persistent speculation that the Federal Reserve may adopt a less flexible monetary position in the face of the accelerated economic recovery in the United States. Although, on average, expectations for US economic growth in 2021 are close to 5%, which has already been considered an optimistic scenario, some market projections are between 6 and 7%.
To the above is added that yesterday Joe Biden adopted the $ 1.9 trillion Coronavirus Aid Act. On the other hand, during his press conference, Biden said that by May 1, all American adults will be eligible for vaccination, hoping to start with the complete reopening of its economy by early July.
Real time dollar
(…)(…) euro It is sold at the window with a maximum of 25.27 pesos and is bought with 24.78 pesos. In turn, pound It is offered at 29.30 pesos and is bought at 28.86 pesos.
Bank of Mexico (Banxico) registered in the previous session an exchange rate of 20.71 pesos per dollar.
With information from Reuters
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