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Price of the dollar today, Tuesday, November 17, exchange rate

Mexico City. Today Tuesday 17 of November 2020 dollar is listed in $ 20.38 Mexican pesos, trending up according to Investing.com. The peso opens the session with depreciation, given the perception of greater risk in global financial markets due to the increase in cases of Covid-19 worldwide, and despite the progress made in one of the vaccines against the virus. The US currency is currently increasing compared to its price this Monday, yesterday was a holiday in Mexico.

During the previous day, the information on the progress in the coronavirus vaccine developed by the pharmaceutical company Moderna, boosted the markets and generated an optimistic perception. The effectiveness tests indicate an effectiveness of 94.5 in fighting the virus.

The data on the results of the vaccine, one of which is in phase 3 of experimentation, increased the value of Moderna’s shares by more than 10%, and in general had a positive impact on the main stock markets in the world.

Similarly, the figure for Chinese industrial production, which in October surpassed the forecast by analysts, was seen as a positive sign on the recovery of the Asian giant, a key link for the global economy.

Exchange rate: Dollar price in real time:

As for the exchange rate in banks in Mexico, the dollar for sale has its highest price in Scotiabank, at $ 22.20. For the purchase, its lowest price is in Banorte and IXE, at $ 19.25.

Regarding the euro, it is priced at $ 24.21 pesos, for $ 26.99 pesos of the British pound overall average. Regarding the oil price, West Texas Intermediate is at 40.69 per barrel, trending down.

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