Mexico City. Today, Sunday, December 6, the dollar American stands at $ 19.76 Mexican pesos and remains lower based on Investing.com real-time pricing. During this day the markets remain closed and the price has not changed since Friday, when the peso recovered ground as it had not seen in nine months.
Although the peso-dollar exchange rate has suffered ups and downs throughout this year, as a result of the economic effects of the pandemic, in recent days the dollar has weakened due to greater confidence in the markets that the dynamics of the recovery it will accelerate when the world’s population has access to vaccines. However, there are political factors that can affect forecasts that the dollar will remain below 20 pesos for the remainder of the year.
The dollar continues below 20 pesos. Photo: Pixabay
One of them is the transition of powers in the United States. Although the statements of still President Donald Trump have been measured with respect to handing over the position to Joe Biden without major conflicts, it is an aspect that should not be lost sight of as it could generate movements in the exchange rate.
On the other hand, the markets await the approval of the new fiscal stimulus package in the United States, and this maintains a positive expectation that has had good effects on Wall Street and the Mexican Stock Exchange.
Exchange rate: Dollar price in real time:
Regarding the exchange rate in the different banks of Mexico, the price of the dollar reaches its highest level for sale at $ 21.49 at HSBC, while the lowest for purchase is at $ 18.65 at Banorte and IXE, according to Dollar.info. Regarding the euro, it is priced at $ 23.97 pesos, for $ 26.57 pesos of the pound sterling overall average.
Oil prices in real time:
According to Investing.com, WTI oil is at $ 46.09 a barrel. Brent oil is at $ 49.05 a barrel, both trending upward.
For more information about the Dollar, visit the News section of MyBags.com daily. With information from Dolar.info and Investing.