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Daily Exchange: Dollar Slides, Sold at 18.77 Pesos

Euro down to 21.22 pesos, yen also down to 0.175 pesos
By The News · 07 of June 2016 12:16:31
The peso strengthened on Monday, based on market perceptions that Hillary Clinton won the debate, No available, photo: CAPITAL MEDIA

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.