Tuesday, December 1, 2020
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Worrying situation for the dollar in Mexico

In Mexico there is great concern about the situation of the dlar and the devaluation of its currency: the dollar increased to 20.20 Mexican pesos, compared to 19.93 pesos that was last Wednesday, November 25. It had a loss of 0.44 percent.

The banks varied their price by pennies. Citibanamex offered it at 20.52 pesos, while BBVA Mxico at 20.20 pesos and Banorte at 20.30 pesos. “The depreciation of the peso in the session is due in part to a moderate episode of nervousness over some negative news about the coronavirus pandemic”Banco Base said in a statement.

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