Weight indicates a tendency to…

mexico city – dollar price In Mexico today, the exchange market roselocated in $17.16 Mexican peso (Mexico City, 5:37), which represents a 0.12% depreciation of the Mexican peso compared to the closing exchange rate of the previous day.

dollar index, Which measures the value of the US currency relative to a basket of currencies, It rose 0.49% this morningAt 102,899 points. (Mexico City, 5:40).

On this day, weaker speeches from members of the Federal Reserve Bank about US monetary policy It increases risk appetite as investors await new indicators from the country.

The dollar closed yesterday, November 28, at 17.14 Mexican dollarsThis represents a 0.12% appreciation for the Mexican currency. During the day on Tuesday, the peso showed a maximum depreciation of 17.21 Mexican pesos per unit and rose to a minimum of 17.11 Mexican pesos per dollar, according to Bloomberg data.

The rise in the value of the peso is due to the weakness of the US dollar by 0.34%, according to the weighted index since its publication. Some economic indicators in the United States that the market considered negativeGabriela Siler, director of economic analysis at Grupo Financiero BASE, wrote in a note after the close.

Exchange rate in major banks in Mexico

The dollar price in Mexico starts today, November 29, in the main banks as follows:

• BBVA Mexican Peso $17.39
• Panco Azteca $17.91 MXN
• CityPanamics $17.60 MXN
• Panorte $17.45 MXN

The behavior of the dollar in Mexico in 2023

So far this year, the Mexican peso has appreciated 11.99% against the dollar. During this period, the average price was $17.79 MXN, a maximum of $19.50 MXN and a minimum of $16.69 MXN.

In addition, the Mexican currency ranks second this year so far among a basket of 23 emerging market currencies.

Euro in Mexico

This morning, the euro is trading at 18.84 Mexican pesos (Mexico City, 5:50).

The euro closed in Mexico on November 28 at 18.84 Mexican pesos, meaning a 0.22% depreciation in the value of the local currency against the European currency, compared to the previous day’s exchange rate. Over the course of 2023, the Mexican peso will appreciate by 9.77% against the euro.

The price of the dollar in Latin America: this is how it works

So far in 2023, Latin American currencies have behaved as follows:

• The Brazilian real rises by 7.84%
• Colombian peso rises by 18.48%
• The price of the Peruvian sol (PEN) increased by 2.05%.
• Chilean Peso (CLP) depreciates by 2.22%
• Argentine Peso (ARS) decreases by 102.97%

– Content created powered by automated data from Bloomberg.