Wednesday, December 25

Price of the dollar at the end of the week in the Mexican market

El dólar retrocede unos centavos ante su par mexicano.
The dollar fell a few cents against its Mexican pair.

Photo: OZAN KOSE / Getty Images

Alexa Liendo

The US currency today, Friday, is trading against its Mexican pair in decline for the third consecutive day. The Mexican peso is quoted at 20.95 pesos per dollar unit, an appreciation for the currency Aztec of 5.3 cents.

Despite retreating, the dollar manages to maintain its strength in the face of uncertainty in financial markets due to the war between Russia and Ukraine.

Since the middle of the week, the dollar has moved away from the barrier of 22 pesos. At the bank window, this Thursday is quoted at a price of 20.80 pesos per unit dollar for buying and selling the dollar is quoted at an average of 21.12 pesos per dollar.

New sessions on the rise in the coming days are still not ruled out. In the United States, the inflation figures for the month of February stood at an annual rate of 7.9% and a monthly rate of 0.8%. We are talking about 1.3% above the previous month, and the highest year-on-year rate since 1982.

As a consequence, although the peso has made advances, what perseveres is the setback in its value.

The underlying, core inflation of the economy, stood at 6.4% per year , reaching its highest level since August 1982.

Follow in real time the dollar exchange day in the Mexican market

Monitor the best rates for the exchange rate in sending remittances and the price of the main cryptocurrencies:
– Updated report of the dollar in the Bank of Mexico: Exchange rate in Banxico.
– Average variation of the dollar in the different Mexican financial institutions: Price of the dollar in Mexico.
– Compare the dollar price for transfers to Mexico from the United States with the best shipping companies: Compare prices.– You can also follow in real time the price of the main cryptocurrencies in the market, yesterday the cryptocurrencies took advantage of the financial market and soared, some even in almost 20%. There is a slight correction in the price and most of them go back in their prices. Bitcoin falls below the barrier of $20,000 dollars: Price of cryptocurrencies

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