Home business How much does the dollar cost in Mexico? February 21, 2019

How much does the dollar cost in Mexico? February 21, 2019

How much does the dollar cost in Mexico? February 21, 2019

The dollar is rising in Mexico.

photo:
ATTA KENARE / AFP / Getty Images

The dollar continues to fight against the Mexican peso and achieved an advance of 0.26 percent.

The currency of the United States is quoted on $ 19.22 pesos wholesale, while retail is one of the biggest $ 19.25 and the $ 19.58 pesosaccording to reports from institutions such as Citibanamex.

IMPORTANT:

The Aztec currency represents a complicated week, after an average increase of more than 1.7% of the dollar, leading the government of Andrés Manuel López ObradorAlthough investors maintain confidence, the economic scenario in Mexico is one of ups and downs.

In comparison with other currencies, the dollar had risen against the euro on a day marked by the Federal Reserve, during the last meeting it was said that the US economy and its labor market remained solid, which caused some expectations of rate hikes, a theme that the president has emphasized Donald Trump as one of his most important achievements.

The greenback also gained ground against the Mexican peso and the Japanese yen, but depreciated against the Canadian dollar, the British pound and the Swiss franc.

The Federal Reserve today emphasized the need to be patient when it comes to monetary policy, noting that stopping the US interest rate rises last month did not bring many risks and a big advantage, leaving the policy makers Time the central bank to monitor the effects of past rises and to assess the global slowdown.

With information from EFE


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