The dollar It is sold today, January 14, 2022, at 20.79 pesos in banks of the Mexico City, like Citibanamex, while buying at a price of 19.66 pesos.
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The Mexican peso appreciates this Friday and was on track to complete its seventh consecutive week of gains, while investors assimilated growing prospects of a more restrictive monetary policy in Mexico and the United States.
The domestic currency was trading at 20.30 per dollar, with an advance of 0.15% against the reference price on Thursday. Shortly before, it traded at 20.28 units, its best level since November 9.
“Investors are still charged to maintain their bets on higher-risk assets, which has favored the price of the Mexican currency,” said the local firm CI Banco in an analysis note.
“Operators remain attentive to everything related to inflation, due to the measures that central banks (especially the Federal Reserve) can take to contain it and due to the evolution of COVID-19 in the world,” he added.
During the week, the Mexican peso accumulated a return of 0.29%.
With information from Reuters