The Mexican peso and the stock market advanced Thursday for the third time after a weak data of the American job market What did fall back on the dollar, and that the United States Senate endorsed a billionaire stimulus packages to cope with the impact of coronavirus. Read Huawei launches its new P40, this will cost in Mexico

The currency was trading at 2:17 p.m. local time (2017 GMT) at 23.0257 per dollar, appreciating 3.78% against . benchmark on Wednesday.

Exchange rate for sale in the interbank market (spot) today, Thursday, March 26:
09.00 hrs .: 23.5530 p / d
13.30 hrs .: 23.1820 p / dhttps: //

– Banco de México (@Banxico)
   March 26, 2020

The number of Americans who applied for unemployment benefits rose to a record high of more than 3 million last week, as stringent measures to contain the coronavirus pandemic slowed the country.

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Before knowing the labor data, the Mexican peso operated in negative terrain.

The Mexican peso remains very volatile, but it is appreciated … explained by a general decline in the dollar after the weak number of unemployment claims “from the United States, CI Banco said in a report.

Meanwhile, Edward Moya, a market analyst at OANDA, said: “Given that the US workforce is approximately 160 million, it should come as no surprise if total unemployment claims reach 16 million requirements in the coming weeks “

The benchmark S & P / BMV IPC stock index rose 0.48% to 35,706.57 points, with a volume of 223.2 million of traded securities, after sinking in the week to levels not seen since October 2011.

The United States Senate on Wednesday endorsed a $ 2 trillion stimulus package intended to help unemployed citizens and industries affected by the coronavirus outbreak.

In the debt market, the yield on the 10-year bond fell 39 basis points to 7.45%, while the 20-year rate fell 57, to 7.96%.

Exchange rate in Mexico

According to the platform, the dollar is trading at $ 23.27 pesos. In Banxico, at closing time the dollar was at $ 24.98.

This is how the dollar is quoted in banks in Mexico. Source:

Regarding the exchange rate in the different banks of mexico, as published in on various financial institutions, the price of the dollar reaches its highest level for sale at $ 25.50 in Scotiabank, While the lowest to purchase is at $ 20.00 also in Scotiabank.

Regarding euro, it is quoted at $ 25.71 pesos, for $ 28.32 pesos from the pound sterling, in general average.



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