Photo: TED ALJIBE / AFP / Getty Images
This Tuesday the dollar lost ground again against its peer, the Mexican peso. For the beginning of the day, the peso appreciated by more than 5 cents. The price during the morning session remained below the 20 pesos per dollar, at a price of 20.85 pesos per dollar unit.
The weight starts the session with an appreciation of 0.26% or 5.22 cents, trading around 19.82 pesos per dollar, with the exchange rate touching a minimum of 19.8194 and a maximum of .9419 pesos per dollar.
— Gabriela Siller Pagaza (@GabySillerP ) May 24, 2022
At the bank teller window, for the purchase the US currency is at a price of 20.61 and for sale the price is 20.15 weight s per dollar. A very slight movement with respect to the exchange day yesterday Monday. The futures market also fell yesterday in the United States.
In the futures market, significant losses are observed in the US, with the Nasdaq falling 1.61% and the S&P 500 losing 1.15%. The losses are due to the expectation of lower economic growth, along with a more restrictive monetary stance by the Federal Reserve— Gabriela Siller Pagaza (@GabySillerP) May 22, 2022
US inflation continues to be a matter of concern in the markets, more so now, with the appearance of a new virus that is already beginning to spread between countries. The Joe Biden government already openly acknowledges the risk of “recession, given high inflation. “There is always risk,” emphasized the director of the White House National Economic Council, Brian Deese.
You can follow the price of the dollar in the Mexican market during the day this Monday and in real time. You can also compare prices to find the best rate for your remittance through the following indicators.
– 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 Mexican banks.
– Compare the dollar price for remittance transfers to Mexico from United States with the best shipping companies: Compare prices.
– You can also follow the price of the main cryptocurrencies in the market in real time. Cryptocurrencies back down a bit during the day on Tuesday. Price of cryptocurrencies.
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