Mexico City. Today, Thursday, November 19, the dollar stands at $ 20.19 Mexican pesos trending up, according to investing.com. At the close of this session, the Bank of Mexico reported that the exchange rate in the interbank spot market ended at $ 20.14 pesos per dollar, (it fell almost 12 cents since this Wednesday). On the other hand, the FIX dollar ended at $ 20.18 (down almost 5 cents).
At the beginning of the day, the peso-dollar parity did not have much movement, however, at the close in different crosses the United States currency fell. The result of this day was the best for the Mexican currency for more than eight months. According to Gabriela Siller, director of Economic and Financial Analysis at Banco Base, the peso was dragged down by the appreciation of the Brazilian Real, after the rating agency Fitch Ratings kept its credit rating for that country at the same level.
The appreciation obtained by the Mexican peso occurred although the increase in coronavirus figures in different regions caused a perception of risk among investors.
On the other hand, another positive factor was that during this week applications for economic support due to unemployment in the United States were lower than expected. However, they are held at levels that do not clear up concerns about the slowdown in the labor market.
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 $ 21.50 in Banbajío, while the lowest for purchase is at $ 19.05 at Banorte and IXE, according to Dollar.info. Regarding the euro, this is priced at $ 23.92 pesos, for $ 26.74 pesos of the pound sterling overall average.
Oil prices in real time:
According to Investing.com, WTI oil is at $ 41.88 a barrel. Brent oil is at 44.17 dollars a barrel, both with a downward trend in their orders for January 2021.
For more information about the Dollar, visit the News section of MyBags.com daily. With information from Dolar.info and Investing.