Mexico: What is the price of the dollar today, Friday, December 24, 2021?

The exchange rate fell on Friday in Mexico due to the appreciation of the peso due to a decrease in fears about the consequences of the omicron variant of the coronavirus that boosted the demand for risk assets.

The price of the dollar was trading at 20.5650 pesos in the Mexican market, registering a slight decline of 0.29% compared to the Reuters reference price on Thursday.

According to specialists, movements during the day will be very volatile for a limited number due to the Christmas festivities.

“Volatile movements cannot be ruled out during the session, because the low number of market participants reduces the efficiency of the foreign exchange market.”Said Gabriela Siller, head of analysis at Banco Base.

Two labs said yesterday that their vaccines protect against omicron and British data suggested it could lead to proportionally fewer hospitalizations than the delta variant, although public health experts warned that the battle against COVID-19 is far from over.