Exchange rate

LAST MINUTE: The Mexican peso opens as the third most appreciated currency, here are the three reasons for its stability

The exchange rate began this Monday with a price below 20 pesos per dollar, investors will be attentive to the Fed's messages this week.

The dollar strengthens against the peso for the second consecutive session

Federal Reserve officials do not predict a drop in interest rates until inflation returns to 2%, so a continuation of the restrictive monetary policy is expected.

Exchange rate today: The dollar strengthens and is sold above 20 pesos

The Mexican peso depreciated at the opening of this Wednesday. Investors expect the Fed to continue to hike rates aggressively and await US jobs data.

Mexican peso advances for the third session attentive to Fed officials

The correction in the markets, for the second session, allowed a decline in the dollar against other currencies, indicated the Banco Base. Therefore, the exchange rate fell below 20 pesos.

Mexican peso advances for the second day, there is caution in the face of signs of recession

The British government stepped back from its plan to cut taxes on the wealthiest, boosting the peso on Monday morning.

Behavior of the Mexican peso in 2022: How has it resisted the crisis?

The main factors influencing the currency are rising remittances, trade surplus, interest rate differential with the Fed, and a stable outlook.

Mexican peso advances from its lowest level in eight weeks

During today's session, the dollar is expected to be sold in a range between 20.32 and 20.54 pesos per unit.

The peso falls, dragged down by weakness in the pound sterling and strength in the dollar

The Mexican peso fell to its lowest level in seven weeks due to the decline in the pound sterling, waiting for the Bank of Mexico to raise its interest rate on Thursday.

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