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How much does the dollar cost in Mexico? February 20, 2019 … the weight recovers

How much does the dollar cost in Mexico? February 20, 2019 ... the weight recovers

The price of the dollar fell in Mexico.

Matt Cardy / Getty Images

After posting substantial earnings, the dollar again experienced setbacks in comparison to the Mexican peso At depreciation 0.73 percent.

The currency of the United States is quoted on $ 19.16 pesos wholesale, while retail is one of the biggest $ 19.20 and the $ 19.55 pesosaccording to reports from institutions such as Citibanamex.


The Aztec currency returned to give a postponement to the government of Andrés Manuel López Obradorthat investor confidence also wins, in addition to the domestic scenario looks promising with lower inflation in the first quarter.

The dollar has had a complicated week at the international level to reverse the euro and most of the major currencies, the optimism that trade negotiations between China and the United States are flourishing, according to analysts.

The greenback also lost ground against the Canadian dollar, the British pound, the Swiss franc and the Mexican peso, while it was only revalued against the Japanese yen.

The president Donald Trump He said that trade negotiations with China are progressing well, adding that the current March deadline is not a "magical date".

Both countries initially have until 1 March to reach an agreement. Otherwise the extra American rates on Chinese products could come into effect. Trump said last week, however, that he would be willing to extend the deadline.

With information from EFE


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