Price of the dollar at the close today, September 4, 2020 | Exchange rate

Drafting

Mexico City / 04.09.2020 16:11:31

The peso traded at 21.54 units per dollar, with a gain of 0.53 percent close to the closing of the day, compared to 21.66 units of the reference price on Thursday. Moments after the report of the American employment, the peso appreciated to 21.5 units, its best level since June 9.

With this result, the peso scored its fourth week with gains.

Dollar in banks

In banks, the US currency was offered up to 21.93 pesos, as is the case of Citibanamex. While, BBVA Mexico He did it at 21.78 pesos and Banorte at 21.80 pesos.

Low unemployment rate in the US

The Mexican peso gained on Friday following a US labor market report in August that included a decline in the unemployment rate, but also showed a further slowdown in job creation.

Nonfarm payrolls in U.S they increased by 1.371 million last month after rising by 1.734 million in July, the Labor Department said on Friday. The unemployment rate fell to 8.4 percent from 10.2 percent in July.

In the local debt market, the 10-year bond yield rose one basis point to 5.80 percent, while the 20-year rate closed stable at 6.73 percent.

With information from Reuters …

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