The exchange rate registered this Monday represented a drop of 77 cents compared to the closing of last Friday.
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The Mexican peso fell against the US currency earlier in the week, trading at 24.2853 units per dollar, one day after Mexico hit the twenty coronavirus fatalities, with 993 confirmed infections.
The start of the exchange rate on Monday represented a drop of 77 cents compared to last Friday, when the Mexican peso closed at 23.5122 units per dollar, according to data from Banco de México (Banxico).
At 1:00 p.m. (local), the US dollar sold for 24.65 pesos at the Banamex windows.
For its part, the main index of the Mexican Stock Exchange (BMV), the S & P / BMV IPC, recorded a gain of 1.21% at the beginning of the day on Monday. In the course of noon, it reached 34,184 units.
Oil revenues
As in other nations of the world, Mexico faces low economic activity as a consequence of the coronavirus pandemic. In addition, the drop in global oil prices It has affected the public finances of the Latin American country.
On Friday the 27th, the Mexican export mix sold for $ 13.01 per barrel, when in March 2019 it was listed in 60.47.
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