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Banco de México (Banxico) indicated that the dollar in cash, reference between banks, went down to 19,6595 pesos, which is its best level since November 6, 2018.
The day of the the weight Mexico gained 1.3% against the US dollar.
Data from Citibanamex They said at the close of business on Thursday, December 27 that the dollar was registered at 20 closed pesos, below 20.20 Wednesday.
BBVA Bancomer showed the greenback at 20.06 pesos the price this afternoon.
Town Exchange Houses Juarez They vary with the dollar on sale from 19.69 to 19.80 pesos, similar in the city of Chihuahua.
The dollar drops to 20 pesos in the banks. https://t.co/XSBDofiixg pic.twitter.com/10KJomwcxm
– El Financiero (@ElFinanciero_Mx) December 27, 2018
The factors behind the dollar's decline, according to El Financiero, are:
-The "weak dollar on world markets after the publication of data showing that consumer confidence in the United States had recorded its largest monthly decline since July".
– "A persistent concern about the slowdown in the global economy"
And the trade war between the United States and China.
Faced with a basket of ten currencies, the US dollar lost 0.57% today.
The barrel of crude oil West Texas fell by 3.48%, while the barrel of Brent lost 4.24% to 52.16 dollars, which affected the Mexican peso.
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