Mexico City. Today Monday March 30, 2020 the dollar listed on $ 23.84 pesos at the beginning of the day, according to the investing.com platform. This value represents a fall of 2% compared to the closing of the peso against the dollar last Friday.

There are two factors for this drop in the peso: the drop in oil prices at the international level, as well as the negative economic impact caused by the pandemic of coronavirus.

Exchange rate for sale in the interbank market (spot) today Friday March 27:
09.00 hrs .: 23.4200 p / d
13.30 hrs .: 23.3250 p / d
http: // https: //t.co/LaOklzuAeE

– Banco de México (@Banxico)
             March 27, 2020

The Mexican peso and the exchange ended a three-session streak on Friday with gains after S&P downgraded Mexico’s and state oil company Pemex’s credit rating, . reports.

This Thursday, the Standard & Poors rating agency cut the sovereign debt and debt ratings of Petróleos Mexicanos (Pemex), both from BBB + to BBB, the second lowest node within the investment grade, EFE reported.

Regarding the exchange rate in the different banks of mexicoAs published by various financial institutions, the price of the dollar reaches its highest level for sale at $ 25.00 in Scotiabank while the lowest price for purchase is at $ 19.00 in Scotiabank.

Read: Profeco: fines of up to 3 million for raising product prices

Read: What should you do if you or someone you love gets coronavirus

Regarding euro, it is quoted at $ 26.26 pesos, for $ 29.56 pesos from the pound sterling overall average.

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