East Saturday, February 20, 2021, the price of the dollar is at $ 20,4338 Mexican pesos, according to real-time information from the Investing.com platform. At the close of yesterday in Banxico, the FIX dollar closed at 20.4222 pesos.
According to Reforma, after two weeks with capital gains and in the face of the disruption in the energy sector due to the cold wave, between February 12 and 19, the peso suffered its worst result in three weeks.
According to the economist Gabriela Siller, the depreciation of the peso is explained by various factors. One of them has to do with the worst winter storm in more than 30 years hitting the state of Texas, paralyzing economic activity and the production and distribution of energy.
Dollar price in real time:
The lower supply and the increases in natural gas prices in turn caused cuts in the supply of electricity in Mexico since Monday and as of Wednesday temporary stoppages in production lines in the manufacturing sector, particularly in the automotive industry.
Another element is that towards the end of the week the perception of risk with respect to Mexico rose due to the discussion and probable approval of the electricity reform.
With respect to the exchange rate in the different banks in Mexico, the price of the dollar reaches its highest level for sale at $ 21.08 in Monex, while the lowest for purchase is at $ 19.20 in Banregio, according to Dollar.info . With respect to the euro, it is priced at $ 24.76 pesos, for $ 28.64 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.
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