Peso wins and dollar sells up to $ 20.43 in banks

Peso wins and dollar sells up to $ 20.43 in banks

Exchange rate (Reuters photo)© Provided by Mediotiempo S.A. of C.V.
Exchange rate (Reuters photo)

The Mexican peso won on Monday before a weakening of dollar one day before the elections mid-term in U.S.

The interbank rate it was at 19.86 per dollar, with a gain of 0.8 percent or 16.10 cents, compared with the 20.02 units of the Reuters reference price on Friday, while in banks it is sold up to 20.43 pesos in the case of Scotiabank.

BBVA Bancomer offered the currency at 20.34, while Banorte at 20.25 and Citibanamex at 20.20.

The US currency weakened as the market expects to know the new conformation that the legislative chambers in the United States will have after the elections on Tuesday, and how much they could mean an obstacle to the president's agenda Donald Trump.

Both the peso and the Mexican Stock Exchange culminated October as one of its worst months in several years after the president-elect Andrés Manuel López Obrador announced that it will cancel the project of the New International Airport of Mexico City (NAIM).

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