Price of the dollar today, Wednesday, March 13, 2024

This is how the price of the dollar dawned today, Wednesday, March 13, 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 16.75 pesos per dollar wholesalewhich means a appreciation of 0.26% or 4 cents compared to the previous day, its lowest level since August 30, 2023 according to Bloomberg information.

Overnight session

In the overnight sessionthe exchange rate presented volatility with bearish bias.

Today, the local currency remains resilient following knowing the advance of the inflation in the United States yesterday, currently driven by the recent trend of the dollar, commented the Monex experts.

The rebound observed in inflation in February in the United States is an external factor that puts pressure on the vision of the attractive spread of Banxico ratesconsidering the recent market adjustment on the prospect of interest rate cuts for the Federal Reserve, the analysts added.

He Dollar Index, which compares the behavior of the US currency once morest the other six main currencies in the world, dawns with a depreciation of 0.09%. The euro rises 0.13% once morest the greenback, while the pound gains 0.06%.

This Wednesday, March 13, 2024, the price of the dollar in Mexico opened the retail day with a maximum sale price of 18.00 pesos per dollar.

According to information from various banking institutions, at opening, the US dollar is sold this day for up to 18.00 pesos in branches of the Inbursa bank, while the maximum value for purchase is 16.50 pesos at the counters of the Inbursa bank.

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

When purchasing, the lowest price is 15.70 pesos per dollar offered by Banco Banorte and the highest is 16.50 pesos per dollar offered by Banco Inbursa.

For sale, the lowest price is 17.07 pesos per dollar offered in BBVA bank branches, and the highest is 18.00 pesos per dollar offered by Banco Inbursa.— (With information from: eldolar.info).

You might also be interested in: “China continues as the leading supplier of products to Mexico”

What is the value of cryptocurrencies today?

The capitalization of the global cryptocurrency market stood at $2.76 trillion this morning, which so far represents an increase of 1.51% compared to the last day of trading.

In the last 24 hours, a total volume of 160.03 billion dollars has been exchanged in the market, which represents a decrease of 10.36%.

On the other hand, the total volume of stablecoins is currently 146.57 billion dollars, which is 91.59% of the total volume recorded in the last 24 hours in the crypto market.

At the opening of trading today, Bitcoin was trading at $72,868.33, which represents a gain of 0.98% in the last 24 hours.

The Ethereum cryptocurrency was trading at $4,007.48, a decrease of 0.36% in the last 24 hours.

Keep reading: “Positive factors for bitcoin”

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 16.8272 pesos per dollar.

Meanwhile, the price for 48-hour interbank operations was established at 16.7995.

How will the dollar rise tomorrow?

According to the agency The Economy Forecast AgencyYesterday, the price of the dollar registered a variation of -0.17%, compared to the previous day.

For tomorrow, Thursday, March 14, 2024, the agency establishes a maximum purchase price of 16,542 pesos per dollar, while its sales forecast is up to 17,038 pesos per dollar.