Price of the dollar today in Mexico: know how much the exchange rate is this April 14

The price of the dollar in Mexico is operating downwards, with forces found between the rise in the price of crude oil and new data in the United States that show more inflationary pressures.

The exchange rate ended the session on Wednesday at 19.7640 Mexican pesos per dollar, a decrease of 0.12% compared to the reference price of the Reuters agency on Tuesday. For the day of April 14, the value of the dollar will be known in the early hours of the day.

The main stock index S&P/BMV IPC, which includes the 35 most liquid companies in the Mexican market, advanced 0.49% to 54,172.62 points, interrupting a streak of seven consecutive days of losses that began after having reached an all-time high .

What is the price of the dollar today in Mexico?

The US currency was trading lower and the exchange rate is trading at 19.76 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 a regional level, the markets of Latin America closed disparate on Wednesday on the eve of the holidays on Thursday and Friday for Easter, with forces found between the rise in the price of crude oil and new data in the United States that show more inflationary pressures.

According to the Reuters agency, some assets reacted to the rebound in oil prices, of almost 4%, due to the disappointing prospects of the talks between Russia and Ukraine, which encouraged fears of supply shortages, despite the fact that stocks of US crude rose more than 9 million barrels in the most recent week.

But on the other side, emerging markets were digesting the recent data on US producer prices, which rose more than expected in March, amid rising demand for services, suggesting that inflation could remain high for a while.