Mexican peso February 15, this is how the dollar sells today

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Mexican peso February 15, this is how the dollar sells today
Video: Mundo Hispánico / Foto: Mundo Hispánico
  • Mexican peso falls this February 15, when US markets are closed
  • According to the exchange rate, the dollar is sold at 20.42 pesos
  • The national currency depreciates 0.03 percent, to 19.95 units

Despite the closure of markets Americans, the Mexican peso falls on February 15, according to the exchange rate, the dollar is sell at 20.42 pesos, reports the news portal The financial.

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The first data to be aired in the interbank environment is coin it depreciates 0.03 percent, to 19.95 units, according to Bloomberg.

The national currency reached a maximum of 19.9528 pesos per dollar, at 5:02 p.m. on February 14, so the minimum for the session was recorded at 19.8937 pesos, at 00:04 hours.

Image taken from Twitter @NTelevisa

In recent weeks, the news about the application of the coronavirus vaccine has given investors in the world hope.

The European Union estimated on Thursday that the region’s economies will recover by the end of this year and in 2022, despite deep uncertainty about an increase in coronavirus cases and the impact of new variants of the disease.

The Commissioner for the Economy, Paolo Gentiloni, said that “finally there is light at the end of the tunnel.”

In its interim winter economic forecasts, the European Commission, the EU’s executive body, predicted that growth in the 19 nations that use the euro will reach 3.8% this year and next, after a 6.8% drop in 2020. .

As for the 27 EU countries, it forecast growth of 3.7% this year and 3.9% in 2022 after falling 6.3% last year.

The calculations are based on the assumption that coronavirus restrictions will remain tight for most of the first half of this year, but will ease in late spring, when Europe’s most vulnerable people such as the the elderly and people with other diseases have been vaccinated.

Mexican peso February 15

What is the best option to send money to Mexico from the United States?

This is the comparison of money transfer service providers, so that you can make a better decision when sending dollars to your relatives in Mexico:

Western Union takes the exchange rate at: 19.70 Mexican pesos for every dollar.

MoneyGram takes the exchange rate at: 19.52 Mexican pesos for every dollar.

Transferwise takes the exchange rate at: 19.55 Mexican pesos for every dollar.

Remitly takes the exchange rate at: 19.54 Mexican pesos for every dollar.

Pangea Money Transfer takes the exchange rate at: 19.51 Mexican pesos for every dollar.

Filed Under: Mexican Peso February 15

Mexican peso February 15

This Friday the government report on employment will be released, which is expected to show an increase in hiring around 100,000, according to the data provider FactSet. The unemployment rate is forecast to remain at 6.7 percent for the third month

Although the year began with hopes of an economic reactivation due to the application of the coronavirus vaccine, some analysts predict that the Mexican peso will lose against the dollar in 2021, according to the El Universal news agency.

However, they do not see the whole picture in a diffuse way, since they trust that this year oil and the Mexican Stock Exchange will achieve profits.

The dollar achieved a close of 2020 at 19.91 pesos and accumulated a depreciation of 5.5% or 1.04 units during the year, this due to the high volatility in the markets due to the coronavirus.

In addition, they point out that it is very possible that the wholesale exchange rate will depreciate to 20.30 pesos by the end of 2021, according to the results of the most recent survey that CitiBanamex carried out with more than 29 banks.

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With information from AP

Filed Under: Mexican Peso February 15

The post Mexican peso February 15, this is how the dollar sells today appeared first on Hispanic World.

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