Price of the dollar today, Monday, February 26, 2024

This is how the price of the dollar dawned today, Monday, February 26, 2024, find out what the US currency costs in Mexico.

MEXICO CITY.— This Monday, the mexican currency in the international markets is located in the 17.09 pesos per dollar wholesalewithout relevant changes with respect to the previous day, according to Bloomberg information.

“Overnight” session

In the “overnight” sessionthe exchange rate presented volatility with a bearish bias, cutting the losses of the previous week.

At the end of last week, the peso was affected by the adjustments to market expectations about him first cut from Federal Reserve (Fed) y Banxicoconsidering the inflation figures in both countries, commented specialists from the group financial Monex.

Today the local currency is being favored by the dollar retreat Following strong labor market data and comments from some Fed members on the decrease in inflationthe analysts added.

He dollar index, which compares the behavior of the US currency against the other six main currencies in the world, dawns with a depreciation of 0.2%. The euro rises 0.3% against the greenback, while the pound gains 0.1%.

This Monday, February 26, 2024, the price of the dollar in Mexico opened the retail day with a maximum sale price of 18.0832 pesos per dollar.

According to information from various banking institutions, at opening, the US dollar is sold this day for up to 18.0832 pesos in branches of the Bank of America, while the maximum value for purchase is 16.80 pesos at the bank’s counters. Inbursa.

Below is the list of retail prices, for purchase and sale, in bank branches:

When purchasing, the lowest price is 15.90 pesos per dollar offered by Banco Banorte and the highest is 16.80 pesos per dollar offered by Banco Inbursa.

For sale, the lowest price is 17.35 pesos per dollar offered in Banorte bank branches, and the highest is: 18.0832 pesos per dollar offered by Bank of America.— (With information from: eldolar.info).

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What is the value of cryptocurrencies today?

The capitalization of the global cryptocurrency market stood at $1.99 trillion this morning, which so far represents an increase of 0.24% compared to the last day of trading.

In the last 24 hours, a total volume of 58.86 billion dollars has been exchanged in the market, which represents an increase of 18.25%.

On the other hand, the total stablecoin volume is currently $52.85 billion, which is 89.79% of the total volume recorded in the last 24 hours in the crypto market.

At the opening of trading today, Bitcoin was trading at $51,264.18, which represents a decrease of 0.74% in the last 24 hours.

The Ethereum cryptocurrency was trading at $3,063.20, an increase of 0.70% in the last 24 hours.

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Banxico Quote

For his part, the Bank of Mexico announced the exchange rate to settle obligations denominated in US dollars, payable in the Mexican Republic, which it set at 17.1260 pesos per dollar.

Meanwhile, the price for 48-hour interbank operations was established at 17.1205.

How will the dollar rise tomorrow?

According to the agency The Economy Forecast AgencyLast Friday, the price of the dollar registered a variation of -0.10%, compared to the previous day.

For tomorrow, Tuesday, February 27, 2024, the agency establishes a maximum purchase price of 16,846 pesos per dollar, while its sales forecast is up to 17,360 pesos per dollar.