Mexican Peso Reaches Seven-Month High as Markets Await Banxico Cut

Mexican Peso Reaches Seven-Month High as Markets Await Banxico Cut

TradingView data shows the Mexican peso hit a seven-month high against the US dollar early today. The USD/MXN trades at 19.3787, down 0.03% from yesterday’s close of 19.3845. The currency pair has maintained a narrow trading range between 19.3630-19.3940 during the morning session. The peso’s strength stems from Tuesday’s softer-than-expected US inflation report. April’s US […]

The Mexican peso appreciated this Wednesday at its best levels in seven months in the face of a generalized weakening of the dollar in the day prior to the announcement of monetary policy by Banco de México. In the international market, the exchange rate was quoted at 19,3330 pesos per dollar, with a profit of 0.38 percent compared to the reference price of LSEG on Tuesday, although earlier it was strengthened until 19,3049, a level not seen sin…

Mexico City.- The Mexican currency in the international markets concluded about 19.39 pesos per dollar, which meant an appreciation of 0.13% or 2 cents compared to the previous day, according to Bloomberg's information. With this result, the exchange rate ended at its lowest level since October 14 last year when it closed in 19.36 pesos. Meanwhile, the dollar to the menudeo ended this Wednesday in 19.86 pesos for sale at Banamex's branches windo…

The Mexican peso appreciated against the dollar this Wednesday and pointed out its best level since October last year, driven by the weakness of the dollar in the face of trade uncertainty between the United States and China. In addition to Mexico and Canada being exempted from the reciprocal tariffs of Donald Trump, president of the Americans. Market participants are waiting for the monetary policy decision of the Bank of Mexico (Banxico), who …

Mexican Peso hits 7-month high amid weak US Dollar, eyes on Banxico

The Mexican Peso (MXN) extended its gains on Wednesday, hitting a seven-month high against the US Dollar (USD) as the latter retreated somewhat amid an improvement in market sentiment fueled by the US-China trade truce. At the time of writing, USD/MXN trades at 19.39, down 0.98%.

The Mexican peso continues to show signs of solidity in the international markets. On Wednesday, May 14, 2025, the U.S. dollar price in Mexico recorded a new decrease of 0.18%, reaching $19.37 pesos per unit, according to real-time data. The day started with an opening of $19.41 and has maintained a slight but constant downward trend, playing a daily minimum of $19.30 and a maximum of $19.43. At the time of cut, the exchange rate is set at $19,3…