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Dollar Trends Downwards against the Peso in Real Time, Benefiting the Mexican Economy

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Dollar Trends Downwards against the Peso in Real Time, Benefiting the Mexican Economy

Title: Dollar Trading at 17.0680 Pesos with a Downward Trend, Boosted by Strong US Employment Figures

Date: Monday, July 10, 2023

The dollar is currently trading at 17.0680 pesos per unit, showing a downward trend in real time. Last week, the spot interbank dollar closed at 17.1444 pesos per unit, according to the latest Banxico report.

Economist Gabriela Siller states that the peso started the session today with a 0.18% appreciation, or 3 cents, trading around 17.11 pesos per dollar. The exchange rate reached a maximum of 17.1742 pesos and a minimum of 17.0735 pesos per dollar.

The peso continues to appreciate due to positive US employment figures published on Friday, which indicate a strong labor market and inspire optimism about the Mexican economy. Mexico benefits from the US through exports, remittances, and foreign direct investment.

Below is the current exchange rate between the peso and the dollar at various Mexican banks:

– Bank of Mexico: Buy $17.1444 – Sell: $17.1444
– HSBC: Buy: $19.01 – Sell: $19.74
– Banamex: Buy: $17.04 – Sell: $18.02
– Bancomer: Buy: $19.83 – Sell: $20.74
– Banorte: Buy: $16.00 – Sell: $17.40
– Scotiabank: Buy: $16.72 – Sell: $17.37
– IXE: Buy: $16.00 – Sell: $17.40
– Bajio Bank: Buy: $16.31 – Sell: $17.71
– Monex: Buy: $19.54 – Sell: $20.05
– Azteca Bank: Buy: $20.16 – Sell: $20.91
– Inbursa: Buy: $16.82 – Sell: $18.80
– Santander: Buy: $19.54 – Sell: $21.06
– Exchange: Buy: $19.45 – Sell: $20.46
– Spa area: Buy: $19.18 – Sell: $20.71

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Furthermore, bitcoin is currently valued at $30,297.8 with a downward trend in real time.

Additionally, the euro is quoted at $18.74 pesos, while the pound sterling has an overall average exchange rate of $21.84 pesos.

For more updates on the dollar, visit the News section of MiBolsillo.com daily.

Please note that this article is subject to real-time fluctuations in exchange rates and should be verified for the latest information.

Source: MiBolsillo.com

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