He Mexican peso The dollar weakened on Monday as the dollar rose globally, due to concerns about the potential impact of a series of controversial reforms driven by the government, with which the Dollar price today August 26, 2024 closes at 19.39 units for each greenback; find out the price here exchange rate in banks in Mexico.
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He INE confirmed on Friday that Morena and his allies will have a large majority in the next Congress, paving the way for a quick approval of constitutional changes, including a controversial reform of the judiciary, which has made the markets very nervous.
The domestic currency MXN= was quoted at 19.3984 units almost at the close of business, with a a 1.59% decline, the worst performance against the dollar on Monday among a basket of global currencies. On Friday, the peso rebounded 2.2% after four consecutive sessions of losses.
“The peso was affected by local volatility and investor caution around the issue of judicial reform in Mexico,” said Monex Grupo Financiero in an analysis note. “Towards overnight, we would expect the peso to fluctuate in a range between 19.23 and 19.45,” it added.
The benchmark S&P/BMV IPC stock index .MXX fell 0.60% to 53,171.31 points, although it rose 0.45% during the day.
Dollar today August 26, 2024 in Mexican banks
He Dollar price today August 26, 2024 in Mexican banks* closes in:
- BBVA Mexico – 18.54 pesos for purchase and 19.68 pesos for sale
- Citibanamex – 18.83 pesos for purchase and 19.90 pesos for sale
- Azteca Bank – 18.20 pesos for purchase and 19.75 pesos for sale
- Banorte – 18.20 pesos for purchase and 19.70 pesos for sale
- Affirm Bank – 18.40 pesos for purchase and 19.90 pesos for sale
- Scotiabank – 17.00 pesos for purchase and 20.60 pesos for sale
- Inbursa – 18.80 pesos for purchase and 19.80 pesos for sale
*Exchange rate at 4:00 p.m.
With information from Reuters
