Price of the dollar today, Wednesday, February 28, 2024

This is how the price of the dollar dawned today, Wednesday, February 28, 2024, find out what the US currency costs in Mexico.

MEXICO CITY.— This Wednesday, the mexican currency in the international markets is located in the 17.08 pesos per dollar wholesalewhich means a 0.17% depreciation or 3 cents compared to the previous day, according to Bloomberg information.

Overnight session

In the overnight sessionthe exchange rate presented volatility with an upward bias. Yesterday, the peso remained resilient before him bullish behavior of the dollarthanks to the adjustments in the market outlook regarding the movements in interest rates, commented the specialists of the Monex financial group.

Today, Wednesday, the local currency is being affected by the strengthening of the dollar while waiting to know the preliminary GDP figure for the fourth quarter of 2023 in the United States and listen to the comments of some members of the Federal Reserve (Fed), 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 an appreciation of 0.28%. The euro falls 0.32% once morest the greenback, while the pound loses 0.39%.

This Wednesday, February 28, 2024, the price of the dollar in Mexico opened the retail day with a maximum sale price of 18.0832 pesos per dollar.

According to information from various banking institutions, at opening, the US dollar is sold this day for up to 18.0832 pesos in branches of the Bank of America, while the maximum value for purchase is 16.70 pesos at the bank’s counters. Inbursa.

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

Credit: Eduardo Joaquin Méndez Escobedo

When purchasing, the lowest price is 15.95 pesos per dollar offered by Banco Banorte and the highest is 16.70 pesos per dollar offered by Banco Inbursa.

For sale, the lowest price is 17.34 pesos per dollar offered in BBVA bank branches, and the highest is: 18.0832 pesos per dollar offered by Bank of America.— (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 $2.23 trillion this morning, which so far represents an increase of 3.67% compared to the last day of trading.

In the last 24 hours, a total volume of 110.72 billion dollars has been exchanged in the market, which represents a decrease of 4.85%.

On the other hand, the total volume of stablecoins is currently 100 billion dollars, which is 90.32% of the total volume recorded in the last 24 hours in the crypto market.

At the opening of the day today, Bitcoin was trading at $60,242.49, which represents an advance of 5.74% in the last 24 hours.

The Ethereum cryptocurrency was trading at $3,346.03, an advance of 2.37% in the last 24 hours.

Keep reading: “Migration worries more than the economy

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 17.0605 pesos per dollar.

Meanwhile, the price for 48-hour interbank operations was established at 17.0589.


How will the dollar rise tomorrow?

According to the agency The Economy Forecast AgencyYesterday, the price of the dollar registered a variation of 0.21%, compared to the previous day.

For tomorrow, Thursday, February 29, 2024, the agency establishes a maximum purchase price of 16,775 pesos per dollar, while its sales forecast is up to 17,285 pesos per dollar.

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2024-04-09 17:36:35

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