Mexico City. Today Friday May 8, 2020 the dollar listed on $ 23.95 pesos, according to the investing.com platform. Thus, the peso regains some ground – it gained 22 cents yesterday – after positive economic data from China and progress in the talks between that Asian country and the United States were revealed, seeking to avoid a trade war between the two powers.
Contrary to all forecasts, China’s exports increased 3.5 percent in April, the first time in the year that this indicator comes out positive, after the effects of the coronavirus in the economy of that country. Now the task for China should be to avoid a trade conflict with the United States.
Exchange rate: Real-time dollar price:
Regarding the exchange rate in the different banks of mexico, The price of the dollar reaches its highest level for sale in the $ 25.00 at Banbajio, while the lowest to buy is in $ 22.00 at Banco Azteca.
Regarding euro, it is quoted at $ 25.97 pesos, for $ 29.65 pesos from the pound sterling overall average.
Another positive element for the slight recovery that the Mexican peso has had was that an increase in oil prices was reported. Only the West Texas Intermediate increased more than 8 percent during the day yesterday Thursday.
Oil prices in real time:
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