Friday, September 22, 2023

Price of the Dollar September 16, 2023: Buying and Selling Price


It started with the Mexican peso Saturday September 16th con Appreciation of 0.1% against the dollar. At the end of the previous day, the local currency appreciated 0.2% against the dollar, trading at 17.07 units per greenback, after trading at 17.12 at the end of the previous week, according to data from the Bank of Mexico.

The Director of Economic and Financial Analysis of Banco Base, Gabriela Siller, explained that the peso-dollar exchange rate experienced six consecutive periods of decline, accumulating around one Appreciation against the dollar of 2.99% o 52 cents.

How is the dollar behaving today?

The US dollar will trade on the morning of this Wednesday, September 13th 17.02 pesos per dollar. with the exchange rate reaching a maximum of 17.1263 and a minimum of 17.0792 pesos per dollar.

He Exchange rate value It plays a fundamental role in the Mexican economic system and has a crucial impact on various areas of the country’s economic and social life.

When the domestic currency depreciates, this leads to an increase in the cost of imported products and services, which directly affects both the internal price structure and the purchasing power of consumers.

Additionally, an unfavorable exchange rate can contribute to the creation of a trade deficit as imports become more expensive. Maintaining a balanced trade balance is crucial to the country’s economic stability.

In the Mexican context, exchange rate fluctuations are not just a financial problem, but a factor that shapes overall economic and social dynamics.

How to buy the dollar today, September 16, 2023?

  • Claims: $16.10
  • Azteca Bench: $16.40
  • BBVA: $16.46
  • Citibanamex: $16.53
  • Scotiabank: $16.30

Dollar selling price today September 16, 2023

  • Claims: $17.10
  • Azteca Bench: $17.40
  • BBVA: $17.46
  • Citibanamex: $17.51
  • Scotiabank: $18.20
Nation World News Desk
Nation World News Desk
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