Business Mexican peso May 18 starts the week 'singing victory'

Mexican peso May 18 starts the week ‘singing victory’

  • The Mexican peso started the week with consistent positive energy throughout the day, which allowed it to ntar sing victory ’against the dollar
  • According to Banco de México, this Monday the interbank dollar closed at 23,735 units
  • Do you want to know how much the Mexican peso sells for today? We tell you

The Mexican peso started the week with consistent positive energy throughout the day, allowing it to “sing victory” against the dollar.

This Monday, a rise in oil prices boosted the performance of the Mexican currency.

According to data from Banco de México (Banxico), this Monday the interbank dollar closed at 23,735 units, an important improvement compared to its previous closing of 24.01 units.

This represents an appreciation of 1.15 percent against the greenback.

Mexican peso in the global market

Despite a negative close last week, the Mexican peso wakes up with enthusiasm this Monday and closes the day reporting gains.

One of the elements that helped the Mexican currency in its performance were oil prices; that were above $ 30 a barrel.

This movement in the energy market, the best in the last two months, benefited the oil-producing countries.

Today investors also woke up with a greater risk appetite, in view of the commercial opening in important countries.

During the day there has also been talk of the success of an experimental coronavirus vaccine.

In addition, Xi Jinping, president of China, offered to the World Health Organization that when his country obtains a vaccine against Covid-19, it would make it a global public good.

Mexican peso today May 18: How much is the dollar?

At the bank teller, the dollar is for sale today Monday May 18 on 07/24 Mexican pesos according to Citibanamex. Likewise, the value of the dollar is handled on average at 23.59 Mexican pesos; with a purchase value of 23.3 and a sale value of 23.87.

Where to change at the best price today?

If you are going to sell, your best option is: BANCO FAMSA at 24.37 Mexican pesos every dollar.
If you are going to buy, your best option is: AZTECA BANK at 22.69 Mexican pesos every dollar.

With information from Bloomberg, El Financiero, Banco Banxico and the Dollar in Mexico

Sending money to your family doesn’t have to be a headache

Today, many applications allow you to make transfers to Latin American countries. More and more tools are available on the market to send money. This boom has forced even the largest banks in the United States to adapt their platforms to make it easier for their clients to send remittances to family members in their countries of origin.

Here is a selection of the most popular and easy ways for you to send money from the United States. You only have to download the application that best suits your needs on your phone, and you can even do it from a computer, since some of these services also work on their internet pages.

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