Price of the dollar in Mexico today: how much is the exchange rate this Saturday, April 30, 2022 | DOF | SIS | Citibanamex | TDEX | NMR | ECONOMY

Price of the dollar in Mexico in the present day: how much is the exchange rate this Saturday, April 30, 2022 | DOF | SIS | Citibanamex | TDEX | NMR | ECONOMY
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The in Mexico it operates on the rise, amid a world aversion to danger property that boosted the dollar in world markets, whereas the area’s inventory markets additionally fell, in a state of affairs of uncertainty concerning the future of the affected economic system by numerous elements.

The exchange rate ended its final session at 20.4623 Mexican pesos per dollar, an advance of 0.082% in comparison with the reference worth of the Bloomberg company on Wednesday.

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What is the worth of the dollar in the present day in Mexico?

The US forex was on the rise and the exchange rate is buying and selling at 20.46 pesos per dollar, in keeping with information from the Bloomberg company.

What is the Mexican peso?

The Mexican peso is the official forex of Mexico and the fifteenth most traded forex worldwide, in addition to the third in the area, beneath the US dollar and the Canadian dollar.

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The Mexican forex was the first to make use of the ‘$’ signal which was later popularized by the United States with US {dollars}. Additionally, since 1993 the abbreviation for the Mexican peso is ‘MXN’.

In Mexico, one peso is equal to 100 cents and there are cash of 1, 5, 10 and 20 pesos, in addition to payments of 20, 50, 100, 200, 500, and 1,000 pesos.

Why did it shut greater?

At the regional degree, the currencies of Latin America exhibited important losses on Thursday, amid a world aversion to danger property that boosted the dollar in world markets, whereas the inventory markets of the area additionally fell, in a state of affairs of uncertainty concerning the future of the economic system affected by numerous elements.

Based on the Reuters company, the dollar touched its highest ranges in twenty years on Thursday, pushed by the basic weak spot of its predominant rivals, resembling the yen and the euro.

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The dollar index, which compares the dollar to a basket of six main currencies, was up 0.8% at 103.83, its highest since December 2002. The US forex has risen 10% since mid-November, and most of his features have occurred in the final three months.

On Thursday, the dollar soared above the key 130 yen degree for the first time since 2002, after the Financial institution of Japan doubled down on its easing coverage, triggering a warning from the Finance Ministry to not push the yen too far.

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