Mexico City. Today Sunday April 5, 2020 the dollar listed on $ 25.01 pesos, according to the investing.com platform. The week that ended had a negative balance for the Mexican peso, which cannot yet be recovered from the effects coronavirus, which has impacted economies around the world and major stock exchanges. Read They will check that companies pay full salary
According to Reforma, Friday’s day was marked by negative data in the United States’ labor sector, due to the stoppage of activities by Covid-19. Early in the day, the Labor Department revealed that 701,000 jobs were lost during March, after 113 months in a row with the generation of new jobs. While the unemployment rate increased 4.4 percent. In addition to this, it was revealed that the US non-manufacturing ISM was 52.5 points in March, less than the 57.3 in February.
Exchange rate for sale in the interbank market (spot) today, Friday April 3:
09.00 hrs .: 24.5770 p / d
13.30 hrs .: 24.7380 p / dhttps: //t.co/LaOklzuAeE– Banco de México (@Banxico)
April 3, 2020
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Thus, the national currency continued to depreciate against the dollar, despite the fact that international oil prices increased. The Mexican export mix sold on Friday at $ 20.48 per barrel, 57.42 percent more than last Friday’s price, boosted by the possibility that several oil-producing countries reach an agreement to restrict their supply.
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The month of March was one of the most difficult periods for the Mexican mixture, which decreased its value from 39.76 to $ 10.76 per barrel, in the middle of the oil war between Saudi Arabia and Russia. For his part, President Trump would have said this Thursday that an agreement between the two countries in dispute was possible, and thus reduce production by 10 to 15 million barrels (daily); On Friday, Russian President Vladimir Putin declared he is ready to lower his nation’s production. This had a positive impact on the price of crude oil, which increased.
Regarding the exchange rate in the different banks of the country, as published by dollar.info on various financial institutions, the price of the dollar reaches its highest level for sale in the $ 25.70 in Banbajío and Scotiabank while the lowest to buy is in $ 20.00 at Scotiabank.
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Regarding euro, it is quoted at $ 27.00 pesos, for $ 30.63 pesos from the pound sterling overall average.
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/arc-anglerfish-arc2-prod-infobae.s3.amazonaws.com/public/DJ3RNOVZGBFFBF24XEWFAOKS7Q.jpg "López Obrador will lower wages and eliminate bonuses from his government to fight the coronavirus")
