in

Price of the dollar at the close in Mexico today, Friday, February 19

East Friday, February 19, 2021, the price of the dollar is at $ 20,4338 Mexican pesos, according to real-time information from the Investing.com platform. According to the latest report this week from Banxico, the FIX dollar closed trading at 20.4222 pesos, with which it rose 00.57 cents, that is, less than one cent.

However, the Interbank Spot dollar ended the session trading at 20.5220 pesos, so it increased 16.30 cents since yesterday Thursday. The peso has been falling for four days against the dollar and accumulates a loss of 56.9 cents.

During this session, the exchange rate reached 20.59 pesos per dollar unit. This placed the Mexican currency as the most depreciated on a daily and weekly level. For the economist Gabriela Siller, it means that the perception of risk about Mexico in the markets increased.

The uncertainty in the markets due to the crisis in the face of gas restrictions and electricity cuts hit the peso in its price.

Siller explains that a monopoly of this type causes a loss of well-being in the economy, due to the fact that production decreases and prices rise. Not only with respect to the electrical industry, but to any other.

Dollar price in real time:

On this day, the Energy Commission of the Chamber of Deputies approved without reservations the opinion of the initiative proposed by President Andrés Manuel López Obrador, which seeks to reform the Electricity Industry Law. The reform has been the focus of tension between different sectors, who argue that it is a type of monopoly on the part of the State.

With respect to the exchange rate in the different banks in Mexico, the price of the dollar reaches its highest level for sale at $ 21.19 in BX + (Ve Por Más), while the lowest on purchase is at $ 19.20 in Banregio, from agreement with Dollar.info. With respect to the euro, it is priced at $ 24.76 pesos, for $ 28.63 pesos of the pound sterling in general average.

Oil price in real time:

The price of a barrel of West Textas Intermediate (WTI) oil currently remains at $ 59.04; while Brent oil is located at 62.72 dollars per barrel.

For more information about the Dollar, visit the News section of MyBags.com daily.