The price of the dollar today, March 11, 2023: a quote for buying and selling

The Mexican Peso showed signs of declining ahead of the US labor market reportwhich is important when showing the basis for the next steps the Federal Reserve (FED) should take in that country.

With the start of operations on Friday, March 10, the price of the dollar climbed to 21.06 pesos in banks, while the exchange rate was 18.46 pesos to the dollar.

Data updated by Bloomberg on Saturday, March 11, shows that The dollar started the activity opening at $18.36 pesos, up 0.78%.

On Wednesday, the Mexican currency reached its highest level since September 2017. So far this year, it has shown one of the best offers for the dollar among a basket of different currencies in the world. However Accumulated a loss of 2.89% for the week.

Some major banks in the country published the price of the dollar for today’s session. On the one hand, Banorte ranks as the financial institution with the lowest acquisition cost ($17.40 USD), and Banco Azteca has the lowest sales price ($18.59 pesos).

The price of the dollar today, Saturday, March 11, 2023

To buy:

Confirms: $17.50 pesos

Bank Azteca: $17.50 pesos

Banorty: $17.40 pesos

BBVA: $17.68 pesos

Citibanamex: $17.91 pesos

Inbursa: $17.50 pesos

Scotiabank: $16.40 pesos

For sale:

Confirms: $18.90 pesos

Bank Azteca: $18.59 pesos

Banorty: $18.80 pesos

BBVA: $18.89 pesos

Citibanamex: $18.93 pesos

Inbursa: $19.00 pesos

Scotiabank: $19.40 pesos

This data exceeded after the official gazette of the federation showed that the exchange rate for the Friday session was $18.05 pesos to one dollar.