Exchange rate today Thursday
The exchange rate was quoted around 17.12 pesos per dollar at the opening, an appreciation of 0.11% compared to Wednesday’s close recorded by the Bank of Mexico.
The appreciation of the peso occurs in an environment of appreciation in the price of oil internationally. “With WTI gaining 1.58% and trading at $89.92 per barrel. It should be noted that WTI momentarily surpassed the level of $90 per barrel, to reach a maximum of $90.06 per barrel not seen since November 11, 2022 “, Banco Base pointed out in an analysis note.
On Wednesday, the price marked decreasing sequential minimums and maximums for the third consecutive day, Monex noted. Which indicates a strengthening of an environment of appreciation of the Mexican peso, after knowing the inflation data.
During the session, the exchange rate is expected to be between 17.09 and 17.25 pesos per dollar, Banco Base estimated.