Mexico City. Today Monday May 4, 2020 the dollar listed on $ 24.67 pesos, according to the investing.com platform. The Mexican peso began the month of May with falls, because the country continues to suffer the effects of the paralysis of the economy due to Covid-19.
Among the negative effects of the pandemic for Mexico is a 1.6 percent drop in gross domestic product during the first quarter of the year.
Exchange rate: Real-time dollar price:
Markets have also been alert to the support that the Mexican government may give for the reactivation of the economy, although so far nothing similar to an aggressive stimulus plan has been announced.
This puts the Mexican economy in an almost unprecedented scenario of recession, which is also linked to a collapse in oil prices.
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Regarding the exchange rate in the different banks of mexico, The price of the dollar reaches its highest level for sale in the $ 25.10 in Affirm, while the lowest to purchase is in $ 22.00 at Banco Azteca.
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Regarding euro, it is quoted at $ 26.99 pesos, for $ 30.69 pesos from the pound sterling overall average.
