Ciudad Juárez— Exchange rate volatility ahead of the elections in the United States caused the dollar to hit 20.20 pesos on the international Forex market this morning.
Director of economic analysis at Grupo Financiero Base, Gabriela Siller, noted that it is possible that the North American currency could hit a new record today, given its upward trend.
He assured that the peso's depreciation occurred after learning that the third quarter economic growth in Mexico and the United States had GDP growth slightly below estimates.
“The exchange rate with a high probability reached a new maximum value for the year today,” wrote the professional via his social network X. This is just a few days before the election process on November 5.
