Mexican peso continues to gain ground on the dollar



This has been the longest and most positive streak of the Mexican peso since December 2019.

Regeneration, April 29, 2020. According to Banco de México (Banxico) the dollar is quoted at 23.87 pesos, while the dollar is sold at the window at 24.33 pesos, according to CitiBanamex.

With which it would be the third day with gains of the Mexican currency, which has an advance of 1.70 percent against the dollar. Likewise, the Mexican Stock Exchange (BMV) posted its sixth session on the rise.

Meanwhile, the BMV Price and Quotation Index (CPI) closed with an advance of 2.90 percent, reaching 36 thousand 870 points.

During this day, the United States Federal Reserve maintained its monetary policy unchanged, which allowed the peso to advance.

The positive streak of the Mexican stock market has been the longest recorded since December 2019, the majority by international indices.


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