Price of the dollar today in Mexico: know how much the exchange rate is this March 29

The price of the dollar in Mexico operates on the rise, amid greater aversion to risk assets that boosted the dollar in global markets as it is seen as a refuge currency, with investors attentive to the talks between Russia and Ukraine.

The exchange rate ended the session on Monday at 20.1019 Mexican pesos per dollar, an increase of 0.41% compared to the reference price of the Reuters agency on Friday. For the day of March 29, the value of the dollar will be known in the early hours of the day.

Meanwhile, the main stock index S&P/BMV IPC, which includes the 35 most liquid companies in the Mexican market, rose 0.45% to 55,685.14 units, fluctuating around its historical maximum levels.

What is the price of the dollar today in Mexico?

The US currency was on the rise and the exchange rate is trading at 20.10 pesos per dollar, according to data from the Reuters agency.

What is the Mexican peso?

The Mexican peso is the official currency of Mexico and the fifteenth most traded currency worldwide, as well as the third in the region, below the US dollar and the Canadian dollar.

The Mexican currency was the first to use the ‘$’ sign which was later popularized by the United States with US dollars. Also, since 1993 the abbreviation for the Mexican peso is ‘MXN’.

In Mexico, one peso is equivalent to 100 cents and there are coins of 1, 5, 10 and 20 pesos, as well as bills of 20, 50, 100, 200, 500, and 1,000 pesos.

Why did it close lower?

Regionally, Latin American currencies closed mixed on Monday, while most stock markets fell, amid heightened aversion to risky assets that boosted the dollar in global markets as it was seen as a currency of interest. haven, with investors eyeing talks between Russia and Ukraine.

According to Reuters, the Kremlin said on Monday that peace talks between Russia and Ukraine could start in Turkey on Tuesday and said it was important that the talks take place face-to-face despite little progress in negotiations so far. .

Russian President Vladimir Putin and his Turkish counterpart Tayyip Erdogan agreed in a phone call on Sunday that Istanbul would host the talks, which Ankara hopes will lead to a ceasefire in Ukraine.

The dollar index, which compares the currency against a basket of six major currencies, gained about 0.3% to a two-week high as the greenback hit its highest level in six years against the yen. after the Bank of Japan moved to contain rising bond yields, while yields on US Treasury bills soared to multi-year highs.