dollar to peso exchange rate
The exchange rate was quoted this Tuesday at 17.0652 pesos per dollar, an appreciation of 0.38% compared to the close of Monday registered by the Bank of Mexico.
“With the above, the peso accumulates three consecutive sessions of appreciation, advancing 0.63% or 10.8 cents in that period, so it can be said that the downward trend of the exchange rate has resumed and could pierce the minimum in the year of 17.0249 pesos per dollar”, estimates Banco Base.
Today’s attention will be on the US consumer confidence report and on indicators associated with the manufacturing sector, Monex analysts said in a note sent to their clients.
For its part, in Mexico, exports grew 2.78% monthly during May.
During the session, the exchange rate is expected to trade between 17.02 and 17.15 pesos per dollar, according to Banco Base estimates.
With information from Banco Base.