dollar to peso exchange rate
The exchange rate quoted this morning at 17.0243 pesos per dollarwith a gain of 0.16%, compared to the closing price registered by the Bank of Mexico on Monday.
The exchange rate touched a “minimum of 17.0212 pesos per dollar, a level not seen since December 18, 2015 when the peso touched a minimum of 16.9590 pesos per dollar,” said Banco Base.
For the rest of the week, investors await the minutes of the most recent meeting on monetary policy of the Bank of Mexico and monthly data on local inflation. In the United States, eyes are on Friday’s release of nonfarm payroll numbers.
During the session, the exchange rate is expected to trade between 17.02 and 17.09 pesos per dollar.
In the last three days, the peso accumulated a return of 0.58%, according to Reuters.
With information from Reuters