Photo: Perdo Pardo/AFP/Getty Images
The dollar reaches the fourth day of this week trading positively against its Mexican pair. Not only does he stay above the 20 barrier, but he is approaching 21. Technically, it has already reached an important level, which is that of 20.50 pesos. The price of the dollar in the middle of tomorrow is 20.45 pesos per dollar unit.
at the bank window, the dollar for the purchase has a price of 20.21 pesos per unit. And for sale, the dollar is trading at 20.68 pesos per unit.
For the US currency, the positive accumulation throughout the week has been 0.83%. And during the last month the increased value for the dollar has been 2.28%.
The consequences of the Covid pandemic, the confinement in China due to a new coronavirus outbreak and the war between Russia and Ukraine continue to generate concerns in the markets.
For May, the Fed is expected to announce a more aggressive adjustment to deal with inflation, which translates into an increase in the central bank’s interest rate by 50 points. This expectation influences the appreciation of the dollar.
They already made themselves known the GDP of the United States, which contracted at an annual rate of 1.4%the first contraction since 2020. And well below market expectations, triggering fears of a recession.
The price of the dollar in the Mexican market varies during the day and continues with an upward trend, you can follow it in real time. You can also compare prices to find the best rate for your remittance.
– Updated report of the dollar in the Bank of Mexico: Exchange rate in Banxico.
– Average variation of the dollar in the different Mexican financial institutions: Price of the dollar in Mexican banks.
– Compare the dollar price for remittance transfers to Mexico from the United States with the best sending companies: Compare prices.
– You can also follow in real time the price of the main cryptocurrencies in the market: Price of cryptocurrencies. Several cryptos are still trading in the red, some accumulating a drop of up to 9% in the last 7 days.
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