March 17th price

Mexico City /

To initiate operations the price of the dollar is very high due to 21.15 pesos in banks. Thus, the interbank exchange rate is set at 20.70 pesos per dollar, with a loss of 0.41 per cent.

Citibanamex sell the dollar at 21.15 pesos per dollar, while BBVA Mexico lo hace of 20.96, Banorte of 20.85 pesos, Banco Azteca of 20.70 y Santander of 20.61 units.

The peso is depreciating ahead of a global dollar gain, in a market with the worst possible momentum following the recent announcement of monetary policy. Federal Reserve (Fed) of United States.

What is the type of change?

Bank basis explained in a report that the person initiated the session with a depreciation debited by the generalized dollar devalues, which had a weighted advance of 0.24 per cent, to continue with changes during the first two sessions of the week.

“The dollar fortune is the result of a move to the treasury interest rates, which will increase by a maximum of 1.6 per cent by 10 years, level on February 6, 2020.

Ante the announcement of monetary policy of the Federal Reserve, the reaction of the financial markets, it is hoped that there will be a change in the interest rate and the program of buying bonuses.

However, it is anticipating an adjustment to inflation expectations, economic growth and projections on future interest rates. Cabe records that in the last three months he has approved new fiscal estimates and also initiated the global-level evacuation process, which has progressed mainly in advanced economies.

The market will also be awaiting the comments of the President of the Fed, Jerome Powell, which will be at the press conference at 12:30 p.m.

Dollar in real time

El euro is sold on ventanilla at a maximum of 24.80 pesos and is sold at 24.66 pesos. For its part, the book esterlina is offered at 28.90 pesos and is available at 28.72 pesos.

El Banco de México (Banxico) recorded the session preview a cambio type of 20.57 pesos por dollars.

Re information

MRA

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