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How much does the dollar cost in Mexico? January 14, 2019 – The NY Journal

How much does the dollar cost in Mexico? January 14, 2019

The dollar closed last week with a win, less against the Mexican peso.

photo:
MOHAMMED HUWAIS / AFP / Getty Image

the Mexican peso It continues its upward trend due to the unfavorable scenario against the US dollar, which saw a small 0.1% decline in Mexico on Friday.

The currency of the United States is kept away from $ 20 pesos in the wholesale and retail trade in Mexico. In the first case it is quoted in $ 19.14 pesos, and in the second case it is offered under the $ 19.20 to the $ 19.45 pesosaccording to reports from institutions such as Citibanamex.

IMPORTANT:

The currency of Eztec has its best performance since September 2017, while the government of Andrés Manuel López Obrador It is facing a serious crisis due to the shortage of petrol, due to the fight against the traders of that fuel.

Thus, according to Bloomberg data, the peso became the fourth best performing currency.

This week it will be important to know if the Mexican peso will remain strong against the dollar, which closed the previous days with minimal gains against the euro and other currencies, driven by comments from Federal Reserve representatives (Fed) with regard to their future policy economically, especially to keep interest rates.

The dollar also won ground against the Swiss franc, the Canadian dollar, the pound sterling and the yen, while falling only against the Mexican peso.

With information from EFE


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