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Mexico, exchange rate: How much did the dollar trade on Friday, April 16, 2021?  |  Exchange rate |  Mexican Peso |  Quote |  Panamex |  Sat |  NNDC |  Mexico

Mexico, exchange rate: How much did the dollar trade on Friday, April 16, 2021? | Exchange rate | Mexican Peso | Quote | Panamex | Sat | NNDC | Mexico

The Trading with an upward trend on Friday However, the peso was on its way to achieve its third consecutive week of gains, amid a weak dollar and declining US Treasury yields.

In the morning hours a rate It was quoted at 19.9480 pesos in the Mexican market, a level 0.07% higher compared to 19.9340 units the previous day, according to Reuters data.

A meta-analysis consulting firm said in a report that “As a result of the decline in bond yields in the United States since the end of March this year, the dollar fell against most currencies, mainly against a basket of six major currencies, and this provided an opportunity to rise to other assets.”.

The dollar is set to suffer a second week of losses and record Treasury yields on Friday remained near their nearly one-month lows recorded in the previous session, as investors increasingly believe the Fed’s insistence on maintaining an appropriate political stance at a time Long.

If it remains at levels it was operating at early Friday, Reuters estimates that the Mexican peso will close the week with gains close to 1%, while for the year it posts a loss of 0.4%.

On the other hand, the Mexican Stock Exchange (BVM) was operating with earnings on Friday. The benchmark S & P / BMV IPC Index rose 0.46% to 48,735.67 points at 11:26 am local time.

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