Price of the dollar today, Tuesday, April 9, 2024

This is how the price of the dollar dawned today, Tuesday, April 9, 2024, find out what the US currency costs in Mexico.

MEXICO CITY.— This Tuesday, the Mexican currency in the international markets is located in the 16.34 pesos per dollar wholesalewhich means a 0.14% depreciation or 2 cents compared to the previous day, according to Bloomberg information.

Overnight session

In the overnight sessionthe exchange rate presented volatility with bearish bias. Today, the currency corrected the downward trend following knowing the March inflation figureswhich implied a higher reading in monthly terms, although they remained below market expectations, commented the Monex experts.

In the last minutes of the Bank of Mexico (Banxico), the members highlighted that for the next meetings would maintain a cautious tone when making adjustments, until the data showed a clear decline in inflation.

With today’s reading, a vision without cuts for the May meeting would be strengthened and attention would be focused on the next economic data, the analysts added.

He Dollar Index, which compares the behavior of the US currency once morest the other six main currencies in the world, dawns with a depreciation of 0.15%. The euro rises 0.2% once morest the greenback, while the pound gains 0.4%.

This Tuesday, April 9, 2024, the price of the dollar in Mexico opened the retail day with a maximum sale price of 17.50 pesos per dollar.

According to information from various banking institutions, at opening, the US dollar is sold this day for up to 17.50 pesos in branches of the Inbursa bank, while the maximum value for purchase is 16.00 pesos at the counters of the Inbursa bank.

Below is the list of retail prices, for purchase and sale, in bank branches:

When purchasing, the lowest price is 15.40 pesos per dollar offered by Banco Banorte and the highest is 16.00 pesos per dollar offered by Banco Inbursa.

For sale, the lowest price is 16.60 pesos per dollar offered in BBVA bank branches, and the highest is 17.50 pesos per dollar offered by Inbursa.— (With information from: eldolar.info).

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What is the value of cryptocurrencies today?

The capitalization of the global cryptocurrency market stood at $2.65 trillion this morning, which so far represents a decrease of 1.58% compared to the last day of trading.

In the last 24 hours, a total volume of 93.93 billion dollars has been exchanged in the market, which represents an increase of 5.75%.

On the other hand, the total volume of stablecoins is currently 84.97 billion dollars, which is 90.46% of the total volume recorded in the last 24 hours in the crypto market.

At the opening of trading today, Bitcoin was trading at $70,727.76, which represents a loss of 1.38% in the last 24 hours.

The Ethereum cryptocurrency was trading at $3,635.99, an advance of 0.03% in the last 24 hours.

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Banxico Quote

For his part, the Bank of Mexico announced the exchange rate to settle obligations denominated in US dollars, payable in the Mexican Republic, which it set at 16.3357 pesos per dollar.

Meanwhile, the price for 48-hour interbank operations was established at 16.3368.

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How will the dollar rise tomorrow?

According to the agency The Economy Forecast AgencyYesterday, the price of the dollar registered a variation of -0.04%, compared to the previous day.

For tomorrow, Wednesday, April 10, 2024, the agency establishes a maximum purchase price of 15,948 pesos per dollar, while its sales forecast is up to 16,434 pesos per dollar.

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