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The economic outlook is constantly changing around the world, but this second week of May, progress has been recorded at the beginning of the week in terms of price of the dollar in Mexicoas it appreciated again against the greenback, after several consecutive days of a streak that seemed like a roller coaster, so it will be important to see how the peso behaves in the coming days.
The price of the dollar in Mexico is at 16.87 pesos today, Tuesday, May 7, 2024, where the Mexican peso appreciated against the US dollar, advancing after several days of bad streak, as it had a gain of 0.48 percent, while he exchange rate is 16.8813
The data of the Federal Reserve (Fed) indicate that interest rate cuts could be present for next September and up to two times in 2024. While economic figures, such as consumer confidence, are now expected.
Price of the dollar in Mexico
According to Mexican banks, these are the prices in buying and selling the dollar this Tuesday, May 7, and below we leave you a list of the most important banks in the country so that you know which one is best for you to buy or sell.
- BBVA: 17.25 pesos.
- Citibanamex: 17.29 pesos.
- Banco Azteca: 17.59 pesos.
- Santander: 17.50 pesos.
- Banorte: 17.20 pesos.
- Scotiabank: 18.00 pesos.
- Inbursa: 18.00 pesos.
Dollar in other Latin American countries
The global economy is constantly changing, so now we present the outlook for the Argentine, Brazilian, Chilean peso, as well as the Colombian pesoor against the dollar and what are their prices for this second week of the month of May.
- Brazilian real: 3.3243 reais
- Colombian peso: 3,894.50 pesos
- Chilean peso: 930.40 pesos
- Argentine peso: 880.2460 pesos
We will have to pay close attention to how the economy moves in the coming weeks worldwide to know how the global economy will advance in this fifth month of 2024, so we must focus on the United States, Mexico, Brazil, Chile, Colombia and Argentina .
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