Price of the dollar today in Mexico: how much is the exchange rate this Thursday, February 24

The exchange rate in Mexico it traded higher on Thursday due to the depreciation of the peso, in line with the performance of markets abroad after Russian President Vladimir Putin ordered a total invasion of Ukraine.

The , up 1.80% from Wednesday’s Reuters benchmark price.

Several Ukrainian cities were attacked by Russian missiles, confirming the West’s worst fears with the largest state-on-state attack in Europe since World War II, keeping investors on edge.

“The diplomatic crisis becomes a military conflict and the worst possible scenario of a large-scale attack by Russia seems to be beginning to take shape.”, said the local CI Banco in a report for its clients.

“With operators leaving the riskiest assets, money takes refuge in the classic assets that become shields against uncertainty”, he added.

For the rest of the day, analysts anticipate that the Mexican peso will oscillate in a range of 20.43 to 20.67 units.