Price of the dollar in Mexico starts with a profit this June 1

The price of the dollar advances in the Mexican market.

Photo: Paul J. Richards/Getty Images

The month begins with the US currency in positive against its Mexican pair, the peso. The price at almost half a day was 19.71 units of pesos per unit of dollar. The trend has been upward since the beginning of the week.

at the bank window, For purchase, the US currency is at a price of 19.47 and for sale, it is close to the 20 barrier at a price of 19.94 pesos per dollar.

In May, the US currency managed to trade on average over 20 pesos in the Mexican market.

yesterday Tuesday, Federal Reserve Chairman Jerome Powell met with President Joe Biden. It was learned that the country’s president promised not to “intercede before the decisions of the central bank to control high inflation.”

Biden’s statements suggest that the White House is not going to prevent another interest rate hike in any way. At the end, in general terms, it was found that the meeting was “very constructive”. For your part Biden emphasized that the principle of everything is: “respect the Fed, respect the independence of the Fed.”

A few weeks ago, the White House recognized the “risk of recession” amid high inflation in the US.

You can follow the price of the dollar in the Mexican market during the day this Monday and in real time. You can also compare prices to find the best rate for your remittance through the following indicators.

– 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, which this Wednesday they go back again. Bitcoin fell back to $30,000 per coin. Cryptocurrency price.