Dollar closes today April 29, 2021 in Mexico; exchange rate

At the end of the day, price Dollars American to me Buy it is in 20.05 pesosAccording to information from Banco de México (Banxico).

The peso is returning to twenty units, and is once again suffering losses due to the positivity in the market regarding growth in the US economy, and according to recent data published by the Federal Reserve, the rapid recovery of the neighboring country raises doubts about Mexico’s economic inflation.

Weight decreased to 20.05 units each DollarsAfter recovering from this margin yesterday, it returned to 19.92 pesos per dollar. That means a drop of 12.70 cents, by a 0.64% margin.

The dollar’s strength is boosted by bets on the rising inflammation in the US that could lead to a change in the interest rate set by the Federal Reserve.

Yesterday Fed by Reported its decision to set interest rates unchanged; In addition to continuing with the bond-buying program. However, after the announcement that the US economy in the last quarter showed an annual expansion of 6.4 percent, the peso showed a mismatch in the markets.

The exchange rate in Mexican banks

• Citibanamex: 19.48 buy; 20.49 sale
• Santander: 20.02 purchase; 20.02 sale
• BBVA: 19.42 purchase; 20.32 sale
• HSBC: 19.51 purchase; 20.52 sale
• Jigsaw: 19.00 Buy; 20.40 sale