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The peso is going for its biggest weekly advance since June

In the weekly balance, the peso strengthens 1.29% compared to the previous Friday, which represents its greatest appreciation in five weeks.

The peso appreciates at 20.29 per dollar, its best level in a month

The peso closed with an appreciation of 0.29%, standing at 20.2945 units, so the currency would be strengthening for the fifth consecutive day.

The peso recovers after the conference of the president of the Federal Reserve

The Mexican currency closed the day with an appreciation of 0.40%, standing at 20.3529 units per dollar, after confirming the 75 bp hike in the Fed's interest rate.

What happens to the Mexican peso with Fed rates

In the coming days, the peso may appreciate or depreciate depending on how much the Fed decides to raise its rate.

The peso operates stable at 20.4 per dollar pending the Fed's decision

The Mexican currency appreciates slightly against the dollar before the start of the Fed's monetary policy meeting

The peso appreciates to 20.4 per dollar due to a possible increase in the Fed rate

The Mexican currency ranks as the fourth most appreciated against the dollar, behind the Norwegian krone with 0.99%; the Polish zloty with 0.94% and the Swedish krona with 0.72%.

The peso closes at 20.47 per dollar due to less fear about the Fed's decision

According to data from the Bank of Mexico (Banxico), the peso ended at 20.4706 units per dollar, an appreciation of 0.62% compared to Friday.

The Mexican super peso has beaten the euro against the dollar in 2022

The peso is one of the best currencies in emerging markets, while the euro has already lost almost 12% of its value so far this year. And, for the first time, it fell below the price of the dollar.

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