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Price of the dollar today Wednesday at the close, how is the exchange rate?

Mexico City. Today Wednesday 26 August 2020 the dollar is listed in $21.93 pesos, with an upward trend according to information from the platform investing.com.

According to Banco de México, the exchange rate in the market spot interbank ended today at $ 21.95 pesos per dollar (down almost 3 cents since Tuesday). On the other hand, the dollar FIX ended at $ 21.92 (down 5 cents). Between Tuesday and Wednesday, the national currency recovers around 7 cents.

Price of the dollar today Wednesday at the close, how is the exchange rate? Photo: Pixabay

On this day, Banxico released its quarterly report, corresponding to April-June. Some highlights are presented below.

  1. The behavior of inflation reflects both downward and upward pressures derived from the shocks caused by the pandemic. Annual headline inflation for April was the second lowest on record. Since then, inflation has increased.
  2. Labor market conditions showed a significant deterioration. As some restrictions on the operation of companies and the mobility of the population were relaxed, an improvement was observed in June.
  3. Headline inflation expectations for 2020 have risen due to increases in inflation in recent months. Medium and long-term expectations remain relatively stable, although the compensation for inflation and inflationary risk showed volatility.
  4. Because the pandemic is still in process, a high degree of uncertainty remains for any projection of economic activity in Mexico. Thus, it is not convenient to present a central scenario of economic activity forecasts

On the other hand, according to Reforma, the Mexican Stock Exchange lost 1.30% in the session and lost the level of 38 thousand points due to the deterioration in economic perspectives estimated by Banxico.

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 in the $ 23.00 in Banbajío, while the lowest to purchase is in $ 20.80 in IXE and Banorte, according to Dollar.info.

Regarding the euro, this is priced at $ 25.96 pesos, for $ 28.98 pesos of the pound sterling overall average.

Oil prices in real time:

According to Investing.com, this Wednesday WTI oil is at $ 43.42 per barrel in its orders for October 2020. Brent oil is at $ 46.23 per barrel in its orders for November 2020, both with an upward trend .

With information from Dolar.info and Investing.

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