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USDMXN United States Dollar vs Mexican Nuevo Peso

16.83295
0.1236 (0.74%)
Last Updated: 10:57:54
Delayed by 15 minutes
Name Symbol Market Type
United States Dollar vs Mexican Nuevo Peso FX:USDMXN Forex Exchange Rate
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.1236 0.74% 16.83295 16.83045 16.83545 16.8825 16.74704 16.70932 0 10:57:54

Mexican Peso Advances Versus U.S. Dollar After Central Bank Intervention

06/01/2017 1:42am

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US Dollar vs MXN (FX:USDMXN)
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The Mexican Peso climbed against the U.S. dollar in late Asian trading on Friday, moving off from its yesterday's record lows, after the Mexican central bank intervened in the forex market to stem the currency's slide.

The central bank action was aimed to "provide liquidity and mitigate the volatility that has been observed in recent days," the bank said in a statement on Thursday.

The central bank intervention came a day after the currency slumped to a record low of 21.62 on fears over the protectionist policies proposed by U.S. President-elect Donald Trump.

The currency was trading higher at 21.23, compared to Thursday's closing value of 21.42. The Mexican Peso is likely to find resistance around the 20.00 mark.

1 Year US Dollar vs MXN Chart

1 Year US Dollar vs MXN Chart

1 Month US Dollar vs MXN Chart

1 Month US Dollar vs MXN Chart

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