The dollar down in the foreign exchange market

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* The peso took advantage of the losses of the greenback

September 3, 2019 by Drafting

A weak dollar makes the Mexican peso appreciate during the start of the day on Tuesday. However, the profits that the national currency obtains are few since the uncertainty is maintained by the commercial war between China and the United States. Today, the peso breaks its losing streak.

In a bank window, the green ticket is sold in 20.35 units, less than the 20.41 units reported on Monday as closing. The interbank dollar operates at 20.05 units, on the day, the peso gains 10 cents, equivalent to 0.53 percent. The exchange rate of the peso with the dollar touches this day at a maximum of 20.16 units, while the minimum is reported at 20.00 units, in the wholesale market.

Where they saw no profits were in the stock markets, which were reported downward with the dollar. In the stock market, the benchmark S & P / BMV IPC index, made up of the 35 most liquid companies in the square, fell 1.21% on Monday to 42,108.23 points.

On another front, a negative performance is reported in the oil market, a situation that also limits the recovery potential of the Mexican currency. The price of West Texas-type crude falls 3.9 percent, to $ 52.94 per barrel, while the Brent rate drops 2.27 percent, to $ 57.31.

On the other hand, the cost of gasoline is maintained in potosine lands; In recent months there has been no significant increase in the price of fuels. The state average cost per liter is: 19.38 pesos per unit of Magna, 20.73 per Premium and 20.81 per liter of Diesel. In the capital of Potosina, the maximum price of Magna is around 19.62 pesos per liter, Premium 20.94 pesos and Diesel at 21.36 pesos.

With information from Reuters and Bloomberg.

We will continue to inform.

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