The News
Monday 04 of November 2024

Daily Exchange: Dollar Down to 20.06 pesos as U.S. Fed Maintains Low Interest Rates


The dollar declined 21 centavos to close at 20.06 pesos at Mexico City currency exchanges on Thursday, Sept. 22,photo: CAPITAL MEDIA/Alejandro Meza
The dollar declined 21 centavos to close at 20.06 pesos at Mexico City currency exchanges on Thursday, Sept. 22,photo: CAPITAL MEDIA/Alejandro Meza
The euro lost 16 centavos to close at 22.42 pesos, while the pound and yen closed at 25.98 pesos and 0.228 pesos, respectively

On Thursday, the dollar lost 21 centavos from its historic peak the day before to close at a maximum of 20.06 pesos at Mexico City currency exchanges. Banks purchased the dollar for a minimum of 18.87 pesos.

The euro lost 16 centavos to close at 22.42 pesos, while the pound and yen closed at 25.98 pesos and 0.228 pesos, respectively.

Mexico’s Central Bank (Banxico) set the official exchange rate at 19.5965 pesos per dollar.