Today, Wednesday, March 22, the average price of the dollar in Mexico is $18.5717. buy in $18,1503 already on sale in $18.9931. This is how US currency can be found in various banks that operate in the country:
- BBVA Bancomer Buy $17.96 Sell $18.88
- Azteca Bank Buy $17.65 Sell $18.89
- CitiBanamex Buy $18.03 Sell $19.08
- Banorte Buy $17.55 Sell $18.95
- Scotiabank Buy $17.00 Sell $20.00
- Confirm Buy $17.60 Sell $19.10
This Wednesday morning, the Mexican peso 0.26% appreciated against the dollar, when trading $18.5475 per unit in anticipation of the Federal Reserve’s monetary policy message, and ranked eighth best currency out of a basket of 23 emerging currencies, according to Bloomberg.
In addition, the day before, the Mexican currency closed the session with an appreciation of 1.12% (20.8 cents), quoted 18.63 pesos per greenback, touching a minimum of 18.6152 dollars and a maximum of 18 .8782 pesos, in an environment of less banking nervousness. , pointed out Gabriela Siller, director of economic analysis at Banco Base, in a report.
The specialist added that the said appreciation of the local currency came from a drop in risk aversion in the global financial market, after the acquisition of the bank Credit Suisse by the UBS group, with the support of the Swiss government, which reduced the risk of a systemic crisis. On the other hand, he said the weakness of the greenback also had an influence, given speculation that the Federal Reserve will display less restrictive language in its monetary policy announcement scheduled for this Wednesday at 12:00 p.m. in central Mexico.
Euro in Mexico
On March 22, the price of the euro is 20 $1294, according to the Bank of Mexico. Here’s how you buy and sell at some banks:
- BBVA Buy $18.35 Sell $20.67
- Azteca Bank Buy $19.15 Sell $20.59
- CitiBanamex Buy $20.0109 Sell $20.0175
- Banorte Buy $19.60 Sell $20.50
They pay 30 to 80 thousand pesos for this old collectible 20 peso note
Banxico faces the dilemma of continuing or disassociating itself from the actions of the monetary policy of the American Fed
Source: El Heraldo De Mexico
Ashley Fitzgerald is a financial whiz and a writer at Run Down Bulletin. With a passion for all things economy, she provides insightful and thought-provoking coverage of the latest economic trends and events.