What is the price of the dollar today August 1?

What is the price of the dollar today August 1?

East monday august 1 the exchange rate and average price of dollar in Mexico is 20.34 pesos. For purchase it is located at 20.33 pesos and for sale at 20.35.

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The dollar closed the day on Friday, July 29, 2022, at 20.87 pesos for sale and 19.73 pesos for purchase, at bank windows in Mexico City, such as Citibanamex

The Mexican peso fell on Friday after five sessions of gains and the Mexican Stock Exchange (BMV) advanced slightly, culminating its best month since March, while the markets continued to assimilate recent data on the US economy and its impact on the next steps of the Federal Reserve to deal with inflation.

Analysts said investors’ eyes were also starting to turn to Mexico’s next rate decision in mid-August, after a better-than-expected second-quarter report on local economic growth was released.

The domestic currency was trading at 20.3522 per dollar near the end of business, depreciating 0.43% against Thursday’s Reuters benchmark price. In July it accumulated a decline of 1.3%.

“The peso is expected to move towards the support of 20.17 per dollar, especially while the market awaits the monetary policy decision of the Bank of Mexico, where it is expected to increase its interest rate by 75 basis points. ”, said the local firm Banco Base.

The next notice from the Mexican central bank is scheduled for August 11.

With information from Reuters

KAH

Source: noticieros.televisa.com

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