The dollar price In Mexico, it is trading lower amid a global decline in the dollar, which lost ground after a drop in the yield on US Treasury bonds and negative data on job creation in the world’s leading economy.
The exchange rate ended its last session at 19.5359 Mexican pesos per dollar, a decline of 0.75% compared to the reference price of the Reuters agency on Wednesday.
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At the beginning of the session, the peso appreciated after the publication in the United States of the ADP private sector employment survey for May, which showed the creation of 128,000 job positions, considerably below the expectation of 300,000, he said. the analyst Gabriela Siller of Banco Base.
The main stock index S&P/BMV IPC, which includes the 35 most liquid companies in the Mexican market, fell 1.04% to 50,971.38 units and chained four days in negative territory, while operators closely follow the latest economic data of the United States and variations in the price of oil.
What is the price of the dollar today in Mexico?
The US currency was on the rise and the exchange rate is trading at 19.71 pesos per dollar, according to data from the Bloomberg agency.
What is the Mexican peso?
The Mexican peso is the official currency of Mexico and the fifteenth most traded currency worldwide, as well as the third in the region, below the US dollar and the Canadian dollar.
The Mexican currency was the first to use the ‘$’ sign which was later popularized by the United States with US dollars. Also, since 1993 the abbreviation for the Mexican peso is ‘MXN’.
In Mexico, one peso is equivalent to 100 cents and there are coins of 1, 5, 10 and 20 pesos, as well as bills of 20, 50, 100, 200, 500, and 1,000 pesos.
Why did it close higher?
At the regional level, most Latin American currencies and stock markets closed with gains on Thursday, amid a global decline in the dollar, which lost ground after a drop in US Treasury bond yields and a negative data on job creation in the world’s largest economy.
US private payrolls grew much less than expected in May, which would suggest labor demand is starting to slow amid higher interest rates and tighter financial conditions, though job openings remain extremely tight. tall.
The dollar index, which compares the greenback to a basket of leading currencies, fell about 0.8%.