Mexico City. Today, Tuesday, November 17, the dollar is at $ 20.32 Mexican pesos trending up, according to investing.com. At the end of this day, the Bank of Mexico reported that the exchange rate in the spot interbank market ended at $ 20.29 pesos per dollar, (it fell almost 11 cents since Friday). On the other hand, the FIX dollar ended at $ 20.32 (down almost 16 cents).
During the beginning of the day, the Mexican currency opened with depreciation as the markets reacted negatively to the increase in Covid-19 infections, which is perceived as a risk factor for global economic activities.
The foregoing, despite the fact that this Monday it was reported on the progress of the Covid-19 vaccine developed by Moderna, and that it generated significant gains in the most important stock exchanges.
According to Gabriela Siller, an analyst at Banco Base, the national currency ended up appreciating 0.22%, equivalent to 4.5 cents. Siller argues that there is a lack of trend that stems from the uncertainty regarding the pandemic and the future of the global economic recovery.
Exchange rate: Dollar price in real time:
Regarding the exchange rate in the different banks of Mexico, the price of the dollar reaches its highest level for sale at $ 22.20 at Scotiabank, while the lowest level for purchase is at $ 19.15 at Banorte, IXE, according to Dollar.info. Regarding the euro, this is priced at $ 24.11 pesos, for $ 26.84 pesos of the pound sterling overall average.
Oil prices in real time:
According to Investing.com, WTI oil is at $ 41.38 per barrel in its orders for December 2020 with an upward trend. Brent oil is at $ 43.80 per barrel in its orders for January 2021, with a downward trend.
For more information about the Dollar, visit the News section of MyBags.com daily. With information from Dolar.info and Investing.