The price of American dollar starts the morning of this Sunday, July 26, 2020 at $ 22.2697 pesos Mexicans.

He Mexican peso It advanced on Friday and was on track to post its best closing level since mid-June, despite weak local economies and mounting tensions between China and the United States, amid a wave of global weakening dollar.

The bag of values local, meanwhile, lost in the session, but won in the week, as investors evaluate corporate reports for the second quarter and know the impact of the pandemic in the profits of companies.

Exchange rate in banks

Peso advances 1.0% against the dollar

The coin was trading at 22.2650 for dollar in the last minutes of operation on Friday, with a advanced 1.0% vs. 22.4890 units from Reuters benchmark price on Thursday.

In the week, the weight accumulated a appreciation 1.22% compared to dollar. If the trend continues, the currency would be at its best level since June 15, according to data from Refinitiv Eikon.

Investors ignored the weak data of economic growth in Mexico published by the local statistical institute published earlier. The economic activity During May, it fell 2.6% compared to the previous month, overcoming the decline expected by analysts, of 0.7%.

There is still some concern about commercial tension between the United States and China, since the Asian country ordered the American to close its consulateanalysts from the financial group Monex said in a note sent to clients.

The benchmark S & P / BMV IPC index, made up of Actions of the 35 most liquid firms in the market, it fell 0.20% to 37,357.46 points.

At market of debt, the yield on the 10-year bond fell one basis point to 5.76%, the same as the 20-year rate that culminated in 6.59%.

By Digital Writing El Heraldo de México

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