The Aztec currency struggles not to lose what it has won, but the situation of its US pair in several markets helps it
The Mexican peso had a minimal decline against the dollar.
The US currency is sold at $ 14. 06 pesos in interbank transactions – that is, for large amounts– while in bank windows and exchange houses it has a range between $ 20. 10 and the $ 21. 20 pesos, according to reports from institutions such as Citibanamex and BBVA Bancomer. These figures may change during the day.
IMPORTANT:
- Here you can check the price variations in different Mexican financial institutions: Price of the dollar in Mexico .
- Here you can check the cost of the dollar for transfer to Mexico .
- Updated report from Banco de México: Price of the dollar in Mexico .
The Mexican currency advanced 0. 23 percent in the last two days and remains close to its best moments in February passes do, but the Mexican market is also waiting for the electoral process of June 6.
The bad news for the peso is that it benefits from a negative behavior of the dollar , which fails to emerge despite the implementation of the American Rescue Plan.
Experts point out that the US dollar fell to its lowest in the last three weeks, due to the increase in inflation.
It is also indicated that the market is waiting for Congress and the discussion on the President’s American Jobs Plan Joe Biden , which intends to deploy an investment of $ 2. 25 trillion dollars in infrastructure, creating 2.9 million higher paying jobs.
The US currency fell against the euro, the yen and the British pound.
The agency Reuters reported that the consumer price index rose 0.6% last month, the biggest gain since August 2012, after uploading a 0.4% in February.
Experts consider that the economy follows “the rhythm” that the Fed has imposed with the control of interest rates and new reports are also expected on unemployment this week, to know the impact of actions to re-boost the economy.
There is also expectation for the entry of Coinbase on the Nasdaq, which opens with $ 297 dollars per share. Its trading would begin this Wednesday afternoon on Wall Street.
It is a currency founded on 2012 as a way to simplify buying bitcoins and has become the most popular cryptocurrency exchange in the US. .UU. Which has increased in value along with the digital currencies bitcoin and ethereum.
Currently Coinbase has has 56 million users, an increase of 13 million over late from 2020.
