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Business

Daily Exchange: Dollar Continues to Fall, Priced at 18.85 Pesos

Euro down to 20.87 pesos, British pound at 20.87; yen sold at 0.198 pesos

The Mexican peso regained some value against the U.S. dollar Wednesday, photo: CAPITAL MEDIA
By Notimex Whatsapp Twitter Facebook Share
1 year ago

MEXICO CITY — The U.S. dollar lost 11 centavos to the Mexican peso by midday Wednesday, selling at up to 18.85 pesos, and it was bought at a minimum of 18.06 pesos in Mexico City banks.

The euro has been offered at a high of 20.87 pesos, 13 centavos less than at the opening of the exchange session. The British pound is up to 25.36, and the Japanese yen is sold at a maximum price of 0.198 pesos.

CI Banco analyst Manuel Somoza reported the rise in oil prices and the speculation of further monetary stimulus contribute to the lessening of the pesos devaluation.

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