He exchange rate today Tuesday, June 11, 2024 in Mexico, increased compared to last Monday’s close. This volatility represents an increase from 0.82%. Markets remain vigilant price of the dollar today given the losses that the Mexican peso has faced in recent days (yesterday, Monday, the value of the dollar reached 18.39 Mexican pesos).
He spot exchange rate is positioned at the level of 18.5634 units per dollarwhile its value closed at 18.2443 Mexican pesos last Monday afternoon, according to the Bank of Mexico (Banxico). This movement is equivalent to a significant loss for the Mexican peso, of 0.82 percent.
He dollar price It operates in an open range between a maximum of 18.5634 pesos and a minimum level of 18.2137 units.
Throughout this morning of Tuesday, June 11, The peso has continued to fall against the dollar in the currency markets.
Since last week, especially after the presidential elections in Mexico. on Sunday, June 2, the days have been characterized by the volatilitysince the Mexican peso has experienced a significant drop.
The loss of the Mexican peso against the dollar worsened after the president of Mexico, Andrés Manuel López Obrador, make one of a series of statements, where he defended his proposal of reform of the judiciary. The situation has raised hundreds of concerns about the economic and political stability of the Aztec territory.
Uncertainty has been the daily bread of investors, due to not knowing how the exchange rate of the Mexican peso could be harmed by deepening legal and regulatory challenges.
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