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Mexico City. Today, Thursday 5 November, the dollar is equal to $ 20.69 Mexican Pesos with an upward trend, second investing.com. According to the Bank of Mexico, the exchange rate in the interbank spot market ended today at $ 20.69 per dollar (down nearly 30 cents from yesterday Wednesday). On the other hand, the FIX dollar closed at $ 21.15 (down nearly 40 cents).
The weight has grown by just over 50 cents in the past two days. The Mexican currency continues at levels below 21 pesos per unit of dollar, values not seen since March. The US currency has weakened in the past few hours due to greater certainty about the results of the US President’s election, although President Donald Trump has filed legal action in entities where the tally did not favor him, such as Pennsylvania and Michigan.
Thus, Joe Biden’s lead over Donald Trump brings the White House closer to the Democratic candidate. This indicator arouses optimism among investors, who favor emerging currencies such as the Mexican peso.
On Thursday, the US Federal Reserve announced that it remains at its interest rate, to keep it between 0 and 0.25%, as part of measures to reduce the economic impact of the coronavirus.
Exchange rate: real-time dollar price:
As for the exchange rate in the different banks of Mexico, the dollar price reaches its highest level for sale in $ 22.20 at Scotiabank, while the lowest purchase is $ 19.60 from Banorte and IXE, second Dollar.info. For what concern EUR, is priced at $ 24.47 pesos, for $ 27.20 pesos pound sterling overall average.
Oil prices in real time:
According to Investing.com, WTI Oil is at $ 38.48 per barrel on its December 2020 orders this Thursday. Brent Oil is at $ 40.64 per barrel on its January 2021 orders, both on a downward trend.
For more information on the dollar, visit the News section of MyBags.com every day. With information from Dolar.info and Investing.
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