East Sunday, February 21, 2021, the price of the dollar is at $ 20,4338 Mexican pesos, according to real-time information from the Investing.com platform. This day there is no change in the exchange rate because it is a weekend and the markets are not active. At the close in Banxico on Friday, the FIX dollar closed at 20.4222 pesos. The weight ended with loss at the session and weekly level.
In this last week, the peso lost almost 57 cents, after two weeks in which it had regained ground. The crisis generated by a cold wave, due to which Texas banned the sale of gas to Mexico, coupled with concern about the progress in the reform of the Electricity Industry Law, proposed by Andrés Manuel López Obrador, hit the peso Mexican.
During this cold wave, the Texas government made the decision to ban the export of gas, to restore the supply of its own electricity, in different parts of the southern United States, and in most of the Mexican territory, there were cuts of light as a result of this situation. The restriction would end on February 21, however, since yesterday it has been lifted by Texas.
Dollar price in real time:
Regarding the reform of the Electricity Industry Law, AMLO’s proposal advanced to the Open Parliament, after the first opinion was approved without reservations. This reform would maintain uncertainty in the markets in the face of a possible monopolization of the sector, as they consider that there would be less energy production and costs would increase.
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 $ 24.75 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 is currently maintained at 59.26 dollars; while Brent oil is located at 62.14 dollars per barrel.
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