The Mexican peso began the session on Tuesday with a depreciation of 11 cents, trading around 20.47 pesos per dollar. This as a result of political tensions between the United States and China, .
How is the dollar today?
This morning, the depreciation of the peso has reached 0.62% compared to the close of the previous day, with a minimum of 20.3460 pesos per US dollar and a maximum of 20.5036 pesos. The dollar weight today, Tuesday, is at 20.47 pesos per unit, according to data from Bloomberg.
On Monday, the US dollar closed at 20.36 pesos per unit, according to data published by the Bank of Mexico.
"Economic concerns give way to geopolitics," local firm CI Banco said in a research note. "This situation increases the appetite for safe assets, which justifies the general strengthening of the dollar and the 10-year US Treasury bond rate to retreat."
China, which has repeatedly warned against a visit by Pelosi, sees visits by US representatives to Taiwan, a self-governing island claimed by Beijing, as sending an encouraging signal to the pro-independence camp on the island.
