Dollar TODAY: Superpeso HITS BOTTOM after elections in Mexico, this is how it is quoted this June 4, 2024

Dollar TODAY: Superpeso HITS BOTTOM after elections in Mexico, this is how it is quoted this June 4, 2024
Dollar TODAY: Superpeso HITS BOTTOM after elections in Mexico, this is how it is quoted this June 4, 2024

The Mexican peso is quoted in international markets around 17.80 pesos per wholesale dollar.

Our currency is reaching its worst levels since the COVID-19 pandemic, even surpassing the barrier of 17 pesos, and approaching that of 18.

The peso would be receding due to the local electoral results after the 2024 elections, since the markets continue to evaluate its economic implications.

The exchange rate presents volatility with bullish bias.

Dollar to peso exchange rate today Tuesday, June 4, 2024 in the main banks of Mexico:

  • Banco Azteca buys at 16.20 and sells at 17.96
    BBVA Bancomer buys at 16.85 and sells at 17.99
    Banorte buys at 16.55 and sells at 17.95
    Citibanamex buys at 17.13 and sells at 18.11
    Scotiabank buys at 16.71 and sells at 17.41

This Tuesday, June 4, 2024, the bank where it is best to sell dollars is in Banamex. Where it would be best to get them is at Scotiabank. Consider at all times that both the price of the dollar and the exchange rate are updated throughout the day.

F.S.

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