The Mexican peso begins the first week of the fifth month of the year with advances, so the price of dollar today May 6, 2024 It starts at 16.89 units for each greenback; Find out here what the exchange rate is in banks in Mexico.
The Mexican currency registers a advance of 0.36% compared to Friday’s reference price, in its fourth consecutive day of gains, against a global weakening dollar.
This week will be marked by the release of Mexican inflation figures for April and the monetary policy decision of the Bank of Mexico (Banxico), which is expected to maintain unchanged key interest rate.
“Banco de México is expected to leave the interest rate unchanged at 11%, because inflation has accumulated half a year without showing a downward trend and upward pressures have recently increased,” said the firm Banco Base. , in a report.
Analysts agreed that the market also continued to react to a weak US employment report last week that fueled bets that the Federal Reserve would cut interest rates sooner than expected and more sharply.
The president of the Federal Reserve Bank of Richmond, Thomas Barkin, and the president of the Federal Reserve Bank of New York, John Williams, are scheduled to participate in public events on Monday.
For the rest of the week, the Mexican peso is expected to fluctuate in a range of 16.70 to 17.15 per dollar, according to the firm CIBanco.
Price of the dollar in Mexican banks today May 6, 2024
The price of dollar today May 6, 2024 in Mexican banks* starts at:
BBVA Mexico – 16.11 pesos for purchase and 17.25 pesos for sale
Citibanamex – 16.37 pesos for purchase and 17.35 pesos for sale
Azteca Bank – 16.05 pesos for purchase and 17.59 pesos for sale
Banorte – 15.85 pesos for purchase and 17.25 pesos for sale
Affirm Bank – 15.90 pesos for purchase and 17.40 pesos for sale
Scotiabank – 15.10 pesos for purchase and 18.00 pesos for sale
Inbursa – 16.50 pesos for purchase and 18.00 pesos for sale
