Price of the dollar today in Mexico: how much is the exchange rate this Monday, February 14

The exchange rate in Mexico it was trading lower this Monday due to the appreciation of the peso, amid a decrease in global risk aversion after the Russian Foreign Minister, Sergei Lavrov, proposed that his country continue diplomatic work with the West.

The , a 0.60% decline from Friday’s Reuters benchmark price.

“This is a sign of a moderate decrease in risk aversion in the foreign exchange market.”, said Gabriela Siller, director of analysis of the local Banco Base.

Lavrov suggested to President Vladimir Putin that Moscow continue diplomatically in its efforts to obtain security guarantees from the West as tensions over Ukraine rise.

Analysts mentioned that the participants’ sights are also set on the release of the minutes of the most recent monetary policy meeting of the Federal Reserve, this week.

For the rest of the day, the Mexican peso is expected to oscillate in a range of 20.38 and 20.58 per dollar, according to CI Banco specialists.