Mexican peso depreciates against dollar during Holy Week vacations

The Mexican currency once again broke the 18 pesos per dollar barrier after Holy Week ended

After the Holy Week vacation period, the Mexican peso starts the week losing against the dollar.

According to information by Bloomberg, the exchange rate today is $18.18 pesos per dollar, exceeding the 18-unit barrier. This means that the Mexican peso depreciated by 0.24% during this vacation period.

CIBanco specialists assume that this exchange rate could vary between $18.17 to $19.32 units throughout the day.

Dollar prices in banks

BBVA- Buying Rate: 17.53 Selling Rate- 18.44
BANAMEX- Buying Rate: 17.63 Selling Rate:18.63
HSBC- Buying Rate: 17.49 Selling Rate: 18.34
Banco Azteca- Buying Rate: 17.25 Selling Rate: 18.39
Banorte- Buying Rate: 17.05 Selling Rate: 18.45

Traders are awaiting inflation data to be published by the United States, with little expectation that it could be decreased.

RELATED VIDEO: Find out the price of the basic basket in Mexico


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