The News

Daily Exchange: Dollar With a Minimum Setback in Mexico City Banks

Tuesday at midday, banks in Mexico City sold the U.S. dollar for 18.59 pesos, four centavos less compared to its opening price, and purchased it at a minimum of 17.79 pesos.

The euro was trading at a 21.03 pesos sale point, unchanged from the day’s opening price, meanwhile the yen was at 0.183 pesos.

According to Grupo Financiero Ve por Más (Bx+) or the Go for More Financial Group, the dollar strengthened, at the time of publication, resulting from U.S. inflation, then weakened with industrial production data.

The group reported that the Mexican peso and the U.S. dollar depreciated in a relatively equal manner.