In the exchange rate between the peso and the dollar, the Mexican currency began the session with a decline and is shaping up to be the most depreciated currency of the week; the price of the dollar continues to rise and is close to 20.50 pesos per unit.
This Friday, February 19, 2021, the price of the dollar is at $ 20.4225 Mexican pesos, according to real-time information from the Investing.com platform. At the close of yesterday in Banxico, the peso completed its third session losing the exchange rate
against the dollar. The FIX dollar ended at 20.4165 pesos, the Interbank Spot dollar at 20.3590 pesos, increasing 19.08 and 13.80 cents respectively. With the session yesterday Thursday accumulated a loss of 40.60 cents.
The Mexican peso began the session this Friday by depreciating 0.21%, equivalent to 4.3 cents. The price of the dollar was around 20.35 pesos per unit. The exchange rate stood at a maximum of 20.4468 pesos and a minimum of 20.2535.
According to the economist Gabriela Siller, the results of the Mexican peso in the exchange market show that it has increased the perception of risk in the country. The specialist indicates that with the reform of the Mexican Flag Electric Industry Law, the prices of electricity are expected to rise; increase the pressure on public nances; Furthermore, it is concerned that the agreements established in the USMCA cannot be complied with, that direct foreign investment will decrease and that it will affect the recovery of fixed investment.
Regarding the exchange rate in the different banks in Mexico, the dollar price reaches its highest level for sale at $ 21.05 in Monex, while the lowest for purchase is at $ 19.20 in Banorte, IXE, Banregio, and Banbajío, according to Dollar.info. With respect to the euro, it is priced at $ 24.75 pesos, for $ 28.61 pesos of the pound sterling in general average.