Price of the dollar today, Wednesday, February 21, 2024

This is how the price of the dollar dawned today, Wednesday, February 21, 2024, find out what the US currency costs in Mexico.

MEXICO CITY.— This Wednesday, the mexican currency in the international markets is located in the 17.06 pesos per dollar wholesalewithout a relevant variation with respect to the previous day, according to Bloomberg information.

Overnight session

In the overnight sessionthe exchange rate presented volatility with bullish biasreaching a maximum of 17.08 units and a minimum of 17.03, cutting the advance at the beginning of the week, affected by the figure of the retail sales in Mexicocommented the specialists of Monex financial group.

Yesterday, Tuesday, the peso rebounded after reaching a minimum of 16.99 units thanks to a boost in optimism in the markets about the monetary policy cycle of the United States Federal Reserve (Fed).

Today the local currency extends the decline, while investors wait to know the minutes of the meeting of the Federal Open Market Committee (FOMC) and listen to the comments of some members to adjust their probabilities of interest rate cuts for 2024, the specialists added.

He Dollar Index, which compares the behavior of the US currency against the other six main currencies in the world, dawns with a marginal appreciation of 0.05%. The euro falls 0.04% against the greenback, while the pound loses 0.04%.

This Tuesday, February 20, 2024, the price of the dollar in Mexico opened the retail day with a maximum sale price of 18.20 pesos per dollar.

According to information from various banking institutions, at opening, the US dollar is sold this day for up to 18.20 pesos in branches of the Azteca bank, while the maximum value for purchase is 16.70 pesos at the Inbursa bank counters.

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 16.70 pesos per dollar offered by Banco Inbursa.

For sale, the lowest price is 17.30 pesos per dollar offered in Banorte bank branches, and the highest is: 18.20 pesos per dollar offered by Banco Azteca.— (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 $1.95 trillion this morning, which so far represents a decrease of 2.26% compared to the last day of trading.

In the last 24 hours, a total volume of 93.36 billion dollars has been exchanged in the market, which represents an increase of 28.67%.

On the other hand, the total volume of stablecoins is currently 85.7 billion dollars, which is 91.79% of the total volume recorded in the last 24 hours in the crypto market.

At the opening of trading today, Bitcoin was trading at $50,998.16, which represents a decrease of 2.58% in the last 24 hours.

The Ethereum cryptocurrency was trading at $2,903.52, a loss of 2.37% 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 17.0458 pesos per dollar.

Meanwhile, the price for 48-hour interbank operations was established at 17.0731.

How will the dollar rise tomorrow?

According to the agency The Economy Forecast AgencyYesterday, the price of the dollar registered a variation of -0.02%, compared to the previous day.

For tomorrow, Thursday, February 22, 2024, the agency establishes a maximum purchase price of 16,836 pesos per dollar, while its sales forecast is up to 17,348 pesos per dollar.