Mexican central bank Governor Agustin Carstens said on Tuesday February 9th that it is appropriate to maintain current levels of currency intervention due to the collection of shocks facing the peso’s exchange rate.
Banking Institutions in Mexico City sell American dollar for 19.15 pesos, five cents more than Monday February 8th, and buy it at a minimum of 18.31 pesos.
The euro meanwhile advanced 15 cents compared to the previous day and is offered in up to 21.47 pesos, while the yen reached a quote from the sale of 0.178 pesos.
According to Banco Base, low oil prices continue to affect the currencies of emerging economies and oil producing countries. And the current exchange rate levels make it highly probable that the Mexican currency could reach the 20 pesos per dollar historical record.
So far this month, the average differential peso-dollar exchange rate has been 35.2 cents, which is the highest since November 2008 and second only to October 2008, when the financial crisis began in the United States .
Monex Grupo Financiero announced that markets in the world have negative movements, after concerns about the financial system in Europe will increase, and the deterioration in the global economy.
Also on Tuesday February 9th, the exchange rate to settle liabilities in foreign currency payable in Mexico is 18.6959 pesos, according to the Bank of Mexico (Banxico) in the Official Gazette (Diario Oficial de la Federación).
more recommended stories
Hundreds of thousands of Americans are coming to Mexico for affordable high quality medical treatment
Not many US citizens know that.
British tourist claims he contracted parasite at Riviera Maya’s all-inclusive resort
A British tourist was allegedly vomiting.
US State Department warns of dangerous destinations in Mexico ahead of summer travel
For those who enjoy heading south.
“Nuestro Himno,” the 34th Installment of The Bad Seed
Disruptive Media Producer Adam Kidron Releases.
Mexico City is banning single-use plastics
Mexico city is second only to.
AMLO says PEMEX will increase its oil production by the year 2024
Mexican state oil company Pemex is.
Mauricio Vila delivers new vehicles and equipment to the State Public Security Secretariat
Merida Yucatan; May 24, 2019.- Governor.
“Yucatan is an exceptional state when it comes to public safety” (Federal Secretary of Security and Citizen Protection)
“Yucatan is an exceptional state when.
Does Tulum really need a new one thousand-room hotel?
New “Hotel Internacional” in Tulum will.
American Expats say money they had at Monex is gone and the bank isn’t helping them
In late December, Kathy Machir called.