The Mexican currency in international markets is located at 18.33 pesos per dollar wholesale, to be located at its best level since April 19, 2018 when it was quoted at 18.06 units, according to information from Bloomberg.
With this result the type of change accumulates a profit of 1.69% or 32 cents in the week and a profit of 5.87% or a peso and fourteen cents so far this year.
The parity pierced the psychological level of 18.50 pesos (interannual minimum). The Mexican currency was favored by the best projections on economic activity by the Inegi for January and Decembercommented Janneth Quiroz, manager of economic analysis of the financial group Monex.
The retail dollar opened this Friday for sale at 18.80 pesos at bank windows, 0.95% or 18 cents below Thursday’s close, according to data published by CitiBanamex.
Despite the growing strength in the dollar session against the main international currencies, the peso is strengthened, partly due to a better prospect of foreign currency entering the country, by way of exports, remittances and foreign investment as a result of nearshoring.
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