dollar exchange rate today
The exchange rate was quoted at 18.1283 pesos per dollar, with a drop of 0.19% compared to Tuesday’s close of 18.09 pesos per dollar registered by the Bank of Mexico.
“Given the scarcity of relevant economic references today, operators are still awaiting the publication of the quarterly results corresponding to the first quarter of the year,” CI Banco said in an analysis note.
Its analysts also pointed to new fears about US commercial banks due to the disappointing results of First Republic Bank.
The exchange rate will remain stable
“Our currency will face little pressure due to the tempering of the global risk sentiment, which will make it easier for the price to remain in a range between $17.97 and $18.13,” Grupo Financiero Monex said in an analysis note.