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Business

Daily Exchange: Dollar Slides, Sold at 18.77 Pesos

Euro down to 21.22 pesos, yen also down to 0.175 pesos

The peso strengthened on Monday, based on market perceptions that Hillary Clinton won the debate, photo: CAPITAL MEDIA
By Notimex Whatsapp Twitter Facebook Share
1 year ago

MEXICO CITY — At midday Tuesday, Mexico City banks were selling the U.S. dollar at up to 18.77 pesos, 13 centavos less than the day’s opening price, and buying the dollar for a minimum of 17.94 pesos.

The euro also declined to be sold at 21.22 pesos, representing a loss of 22 centavos, while the yen was down to 0.175 pesos.

Analysts at CI Banco attribute the value increase of the peso to the advance of petroleum prices.

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