Dollar price today October 3, 2023, what is the exchange rate in Mexico?
The Mexican peso opened with declines for the second consecutive session, making the dollar price today October 3, 2023 It starts at 17.76 units for each greenback; find out here what the exchange rate in Mexican banks.
The Mexican currency lost 0.58% compared to the reference price on Monday, when it weakened 1.5%, in a market that is awaiting the publication of the Job Offers and Labor Rotation Survey (JOLTS) in the United States.
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"If the data is below expectations, it could give the Mexican peso a break; on the contrary, a figure that exceeds expectations would intensify the losses," said the local firm CIBanco, in an analysis note.
The decline in the Mexican currency occurs in the face of a global strengthening of the dollar amid growing expectations that the Federal Reserve (Fed) will keep interest rates high for longer.
Price of the dollar in Mexican banks today, October 3, 2023
The price of dollar today October 3, 2023 in Mexican banks starts at:
- BBVA Mexico - 17.04 pesos for purchase and 17.94 pesos for sale
- Citibanamex - 17.24 pesos upon purchase and 18.21 pesos for sale
- Banco Azteca - 16.70 pesos for purchase and 17.67 pesos for sale
- Banorte - 16.50 pesos for purchase and 17.95 pesos for sale
- Banca Afirme - 16.70 pesos for purchase and 18.20 pesos for sale
- Scotiabank - 16.00 pesos for purchase and 18.50 pesos for sale
*Exchange rate at 8:00 a.m.
With information from Reuters
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