Dollar price January 11

Mexico City /

To start operations the price of dollars hoy lunes es de hasta 20.66 pesos en banks. En tanto, el cambio type Interbank is trading at 20.18 pesos per dollar, with a gain of 0.90 per cent.

Citibanamex sell the dollar at 20.66 pesos, while BBVA Mexico lo hace of 20.46, Banorte of 20.25, Santander of 20.19 y Banco Azteca of 19.82 units.

The peso is depreciated by its third level debilitating level in the year before renewed pre-occupancy cases are triggered by the coronavirus pandemic.

What is the type of change?

Bank basis explained in a report that the depreciation of the peso is due to the main factors; first, it is debated that in the market the speculative positions are favored in favor of the weight, even if we also trade with other divisions.

In the Chicago futures market, the speculative positions are net (up to 5 years old) against 7 million in 723 contracts, accumulating three weeks in the hope that the Mexican pound will depreciate against the dollar. The previous one was released on June 2018.

“The position against the peso can be boosted by the mayor’s expectations of interest in the United States Secondary Market, given the possibility that Joe Biden’s new administration will implement more aggressive tax incentives. This year, Tesoro’s 10 year bonus yields will show an increase of 19.4 basis points, up from 1.11 per cent ”, he said.

Second, the probability that the Bank of Mexico will renew the records at the interest rate on 11 February. In its last minutes of monetary policy, members of the Junta de Gobierno report the importance of recording the interest rate at the December meeting.

Dollar in real time

El euro for sale in Ventanilla for a maximum of 25.03 pesos and sold at 24.49 pesos. For its part, the book esterlina offered at 27.25 pesos and purchased at 26.30 pesos.

El Bank of Mexico (Banxico) recorded the preview session with a change of 19.97 pesos for dollars.

Re information

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