General News

Price of the dollar in Mexico today Saturday, February 20, exchange rate

East Saturday, February 20, 2021, the worth of the dollar is at $ 20,4338 Mexican pesos, in accordance with real-time data from the platform. At the shut of yesterday in Banxico, the FIX dollar closed at 20.4222 pesos.

Based on Reforma, after two weeks with capital positive factors and in the face of the disruption in the power sector as a consequence of the chilly wave, between February 12 and 19, the peso suffered its worst consequence in three weeks.

Based on the economist Gabriela Siller, the depreciation of the peso is defined by numerous components. One of them has to do with the worst winter storm in greater than 30 years hitting the state of Texas, paralyzing financial exercise and the manufacturing and distribution of power.

Dollar worth in actual time:

The decrease provide and the will increase in pure fuel costs in flip triggered cuts in the provide of electrical energy in Mexico since Monday and as of Wednesday short-term stoppages in manufacturing strains in the manufacturing sector, significantly in the automotive business.

One other ingredient is that in direction of the finish of the week the notion of danger with respect to Mexico rose as a consequence of the dialogue and possible approval of the electrical energy reform.

With respect to the exchange rate in the totally different banks in Mexico, the worth of the dollar reaches its highest degree on the market at $ 21.08 in Monex, whereas the lowest for buy is at $ 19.20 in Banregio, in accordance with . With respect to the euro, it’s priced at $ 24.76 pesos, for $ 28.64 pesos of the pound sterling in common common.

Oil worth in actual time:

The value of a barrel of West Textas Intermediate (WTI) oil presently stays at $ 59.04; whereas Brent oil is situated at 62.72 {dollars} per barrel.

For extra data on the Dollar, go to the Information part of every day.

About the author

Donna Miller

Donna is one of the oldest contributors of Gruntstuff and she has a unique perspective with regards to Science which makes her write news from the Science field. She aims to empower the readers with the delivery of apt factual analysis of various news pieces from Science. Donna has 3.5 years of experience in news-based content creation, and she is now an expert at it. She loves journalism, and that is the reason, she moved from a web content writer to a News writer, and she is loving it. She is a fun-loving woman who has very good connections with every team member. She makes the working environment cheerful which improves the team’s work productivity.

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