dollar peso

Exchange rate reaches 20.40 pesos per dollar

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Exchange rate reaches 20.40 pesos per dollar

“The dollar’s gain was concentrated during the morning and is due to the expectation that Donald Trump will implement a protectionist trade stance and a strict immigration policy,” explained Banco Base. “The weakness of the Mexican peso is also due to internal factors. Today the Political Coordination Board of the Chamber of Deputies agreed that … Read more

Peso registers weekly loss due to proximity of US elections

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Peso registers weekly loss due to proximity of US elections

The Mexican peso capped a week of losses, dragged down by growing concerns about a victory for Donald Trump in the US presidential election on November 5. In wholesale operations, the exchange rate closed at 19.9684, a loss of 11 cents (0.59 percent) for the Mexican currency, which fell 8 cents (1.41 percent) against the … Read more