Meanwhile, the Bloomberg Dollar Index (bbdxy), which is trading at 1,204.16 points, is down by 0.56%. How is the dollar trading today? In bank branches, the dollar price is now placed at 18.23 pesos each, according to data published by Banamex. In the money market, the yield on the 10-year US bond is 4.35%, while the 10-year bond in Mexico remains at a level of 9.32%. Among the most appreciated currencies are the Chilean peso with 1.85%, the Hungarian forint with 1.72%, the South African rand with 1.57%, the Russian ruble with 1.42%, the South Korean won with 1.28%, and the Brazilian real with 1.09%. The Mexican peso started the week with gains, amid a further weakening of the US dollar, as a result of progress in talks between the United States and Iran. This Monday, the national currency has an appreciation of 1.39% or 25.12 cents, compared to its previous close; and the exchange rate is located at 17.70 pesos per dollar, according to Bloomberg data. 'Today, the USD/MXN exchange rate reached a three-month high as the American bill continued to appreciate, but it recovered significantly ground after reassessing the possibility of a ceasefire in the Middle East conflict,' indicated Janneth Quiroz, director of economic, exchange, and stock market analysis at Monex. In turn, the dollar index (dxy), which is responsible for measuring the strength of the North American currency against a basket formed by six currencies of developed countries, reports an increase of 0.47%, at 99.18 whole numbers.
Today's dollar rate: Mexican peso strengthens amid US dollar weakening
The Mexican peso started the week with gains, appreciating by 1.39% amid the weakening of the US dollar, which is a result of progress in talks between the US and Iran. The exchange rate is 17.70 pesos per dollar, while the dollar index is declining. Among the strengthened currencies are also the Chilean peso and the Hungarian forint.