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Banco de México (Banxico) reported that the position dollar, interbank reference, closed this Friday at 19,873 pesos .
The day the peso fell 15.10 cents, a 0.77%
However, yesterday, the peso climbed to 45.25 cents an increase never seen since March 3 2017.
Citibanamex recorded the dollar on sale at 20:15 pesos higher than the 20 pesos that it cost Thursday. In Bancomer, it rose to 20.40 pesos
According to El Financiero the national currency had a mixed balance in the week with a gain of 0.67%, as well as in the month, where the # 39; advance of 0.26% was
On the other hand, the second quarter balance of the peso was terrible, with a fall of 8.58%, due to the setbacks of April and May with the rise of the international dollar.
The aforementioned means also explains that "The peso was affected by a profit taking after the advance observed during the previous 10 days."
"To this is added a defensive posture awaiting the outcome of the vote in Mexico next Sunday and fears that in the coming week may heighten trade tensions between the United States and its main partners ", continues the analysis.
In previous months, analysts were predicting abrupt changes in the currency markets for Mexico's elections. ico, but fears have not prevailed and the changes have been moderate. Even yesterday, the peso experienced an unprecedented recovery in one year and three months
Oil prices supported the peso and rose. The barrel of West Texas rose 0.82% to 74.27 dollars, while the Brent rate gained 2.02% to close at 79.42 dollars.
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