Mexico City. Today Monday, August 24, 2020 the dollar is listed in $22.02 pesos, with an upward trend according to information from the investing.com platform.
According to Banco de México, the exchange rate in the market Interbank spot ended today at $ 22.02 pesos per dollar (up almost 4 cents since Friday’s close). On the other hand, the dollar FIX ended at $ 21.98 (down 5 cents from 22.03 on Friday).
At the beginning of the day, the peso presented an increase in its appreciation due to optimistic information about COVID-19. The US FDA, the body that regulates food and drugs in that country, approved that the plasma of people who recovered from coronavirus be used as a treatment for other patients. This news generated good expectations in the markets, which would have boosted the Mexican currency and others in the region.
In addition, according to Gabriela Siller, a Banco Base specialist, it is speculated that Trump could accelerate the approval of the COVID-19 vaccine.
On the other hand, following what Siller expressed in his Twitter account, inflation in Mexico during the first half of August affected the prices of different products, such as video players, air conditioners and electronic games, due to a demand higher ‘before the new normal’.
Similarly, educational services in the country would have been affected:
Of the inflation of the first fortnight of August, the negative inflation of educational services stands out by 0.029% due to the discounts given by schools, given the lower demand for private education services and the application of online classes. Other interesting facts
– Gabriela Siller (@GabySillerP)
August 24, 2020
Exchange rate: Dollar price in real time:
Regarding the exchange rate in the different banks of Mexico, the price of the dollar reaches its highest level for sale in the $ 23.00 in Banbajío, while the lowest to purchase is in $ 20.85 in IXE and Banorte, according to Dollar.info.
Regarding the euro, it is priced at $ 25.94 pesos, for $ 28.75 pesos of the pound sterling overall average.
Oil prices in real time:
According to Investing.com, this Monday WTI oil is at $ 42.41 per barrel in its orders for October 2020. Brent oil is at $ 45.51 per barrel in its orders for November 2020, both with an upward trend .
With information from Dolar.info and Investing.