Economy Country January 22, 2025

The Dollar Rises 1.25% in the Mexican Market

During today's session, the US dollar appreciates by 1.25% against the Mexican peso, trading at $20.75. Analysts advise monitoring exchange rate movements due to volatility.


The Dollar Rises 1.25% in the Mexican Market

At the start of the trading day in the foreign exchange market, the US dollar shows an increase of 1.25%, equivalent to 0.2542 units, and is offered in banks at an average price of $20.75 pesos per dollar. Despite the Mexican currency maintaining some stability during the inauguration of former President Donald Trump, in the early hours of Tuesday, January 21, it registered a sharp depreciation against the US currency.

The behavior of the Mexican peso responds to external factors such as fears of protectionist policies in the United States and a possible tightening of trade conditions between both nations. Analysts recommend monitoring exchange rate movements, as episodes of volatility could persist in the coming days.

Dollar prices at bank branches:

For buying: - Afirme: $19.60 - Banco Azteca: $19.65 - Bank of America: $19.76 - Banorte: $19.20 - BBVA: $19.63 - CIBanco: $20.24 - Banamex: $19.90 - Multiva: $20.56 - Inbursa: $20.40 - BX+: $20.12

For selling: - Afirme: $21.30 - Banco Azteca: $20.64 - Bank of America: $22.05 - Banorte: $20.80 - BBVA: $20.82 - Banamex: $20.98 - Inbursa: $21.40 - BX+: $21.33