At the end of the week, today Friday may 13ththe price of dollar fell again for the third consecutive day, since the Mexican peso continues to recover ground, after the Bank of Mexico (Banxico) decided to increase the reference interest rate. However, it is trading at an average of 20.20 in the various exchange rates, which means a new gain of seven cents compared to yesterday.
In specialized web sites, such as “dollar in Mexico” and “eldolar.info”, it was revealed how much the dollar for this one may 13th at the windows of banking institutions operating in the Mexican Republic. Among the best known, Banco Azteca has the highest purchase and sale prices, while Banorte has the lowest. The Bank of Mexico opened today’s session with a FIX exchange rate of 20.32 pesos.
Price of the dollar in the different exchange rates this May 13
Affirm: it has a purchase price of 19.40 pesos and 20.90 for sale.
Banco Azteca: the dollar maintains a value of 20.15 pesos for purchase and 20.89 for sale.
Base Bank: 20.24 for purchase and sale.
Banorte: price of 19.15 Mexican pesos for purchase and 20.55 for sale
BBVA: the dollar it is worth 19.60 pesos for purchase and 20.50 for sale today may 13th.
Banamex: opened for purchase for 19.65 pesos, while 20.78 for sale.
HSBC: the dollar It is worth 19.96 to buy, for 20.70 on sale.
Santander: opens with 19.53 for the purchase and sale of 21.06 pesos at windows in Mexico.
For its part, the Official Gazette of the Federation (DOF) and the Tax Administration Service (SAT) published a price of dollar for today friday may 13th of 20.32 pesos to the purchase and sale.
The Mexican peso continues to recover against the dollar
The recovery of the Mexican peso against the dollar since today it managed to rebound 0.19 percent according to Thursday, although the gain is minimal again, it represents a new advance for the third consecutive day to close this may 13thwith a week up.
The Mexican peso advanced against the dollar, after Banxico announced yesterday that it would raise its key rate for the eighth time in a row, just as specialists and analysts expected. The reference interest rate increased by 50 basis points, to place the benchmark at 7 percent and thus face inflation in Mexico.
With the increase in the interest rate in Mexico, the necessary monetary policy stance is also adjusted to accompany the United States Federal Reserve (Fed), increasing rates in the same magnitude.