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Price of the dollar today in Mexico: know how much the exchange rate is this March 30

The price of the dollar in Mexico is down, due to a significant drop in the dollar in international markets, while the attention of the markets focused on the talks between representatives of Russia and Ukraine that began in Turkey.

The exchange rate ended the session on Tuesday at 19.9518 Mexican pesos per dollar, a decrease of 0.79% compared to the reference price of the Reuters agency on Monday. For the day of March 30, 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 0.77% to 56,111.21 and scored a new record, in a wave of greater appetite for risky assets.

What is the price of the dollar today in Mexico?

The US currency was on the rise and the exchange rate is trading at 19.95 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?

At the regional level, most Latin American currencies rose at the close on Tuesday, driven by a significant decline in the dollar in international markets, while the markets’ attention focused on the talks between representatives of Russia and Ukraine that began in Turkey.

According to the Reuters agency, Ukrainian and Russian negotiators met in Turkey for the first face-to-face talks, in which kyiv seeks a ceasefire without compromising territory or sovereignty.

Turkish President Tayyip Erdogan welcomed delegations from both sides, saying “stopping this tragedy” was up to them.

The dollar index, which compares the greenback to a basket of six major currencies, lost around 0.66%.

Source: Elcomercio

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