—
**Exchange Rate in Tijuana: Latest Update**
Tijuana, August 7, 2024 — As of this Wednesday, the dollar is trading within the range of $18.30 for purchase and $18.99 for sale. It is important to note that the exchange rate may vary at different locations within the city.
Here are the exchange rates at various banks in Mexico:
– **Citibanamex**:
– Purchase: $16.51
– Sale: $17.47
– **Banco del Bajío**:
– Purchase: $16.60
– Sale: $17.90
– **Banorte**:
– Purchase: $15.90
– Sale: $17.35
– **HSBC**:
– Purchase: $16.71
– Sale: $17.44
– **BBVA Bancomer**:
– Purchase: $19.83
– Sale: $20.73
– **Scotiabank**:
– Purchase: $16.71
– Sale: $17.41
– **Afirme**:
– Purchase: $15.80
– Sale: $17.21
– **Inbursa**:
– Purchase: $16.30
– Sale: $18.00
– **Santander**:
– Purchase: $19.53
– Sale: $21.06
– **Banregio**:
– Purchase: $19.20
– Sale: $20.70
– **Banco Azteca**:
– Purchase: $20.15
– Sale: $20.89
– **BanCoppel**:
– Purchase: $16.50
– Sale: $17.43
Stay informed through our digital edition. Subscribe here.
—
**Secondary Article: Impact of Currency Variations in Tijuana**
**Foreign Investment and Dollar Price Hike Due to Political Changes**
Analysts warn that a potential presidency by Trump could result in an inhibition of foreign investment and a spike in the dollar’s value, impacting various economic sectors in Baja California.
**Effects of Dollar Price Fluctuations on Border Consumers**
Shifts in the dollar exchange rate significantly affect consumers on the border, with potential consequences on purchasing power and cost of living.
**Maquiladora Industry Struggles with Peso Appreciation**
The appreciation of the peso against the dollar has continued to pose challenges for the maquiladora industry, impacting their international competitiveness and profit margins.
**Water Supply Issues in Higher Altitudes of Tijuana**
The Tijuana State Potable Water Commission (CESPT) has warned of potential water supply problems in elevated areas of the city due to increased summer demand, which has jumped nearly 10%.
**Heat Wave Precautions**
Authorities have issued warnings about the dangers of heat stroke during the summer season. Recommendations include staying hydrated and avoiding prolonged exposure to the sun.
**Weather Forecast for the Week**
Tijuana starts Wednesday with partly cloudy skies, expected to clear by the afternoon, with a high temperature of 28°C.
**Reopening of Mexico Gate Deprioritized**
The federal government has announced that the reopening of the Mexico Gate, closed some time ago, is no longer a priority unless an emergency situation arises.
**Potential Delay in School Year Start**
Eric Díaz Preciado from the CNTE highlights that unresolved debts to teachers could delay the start of the school year, emphasizing that the government’s actions are insufficient to meet their needs.
**Freight Costs to Rise with Electric Trucks**
The use of electric trucks will increase freight costs. Presently, only the state of California is offering incentives to the transportation sector based there, according to Delgado Vallejo.
**Rise in Venezuelan Migrants Expected**
Lucero Vázquez from DAMM anticipates a surge in Venezuelan migrants in Tijuana, citing high migration rates since Nicolás Maduro assumed power in 2010.
**Restaurant Industry Hoping for Boost from Dollar Increase**
Restaurant owners in Tijuana hope that the dollar’s rise, staying below 21 pesos, will lead to better sales. However, a further increase could complicate economic conditions, says Angulo Robles.
Stay updated with more local news and developments at TJGringo.com.