Mexican Currency Records Its Biggest Drop Since 2024 and Points to the End of the 'Superweight'
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14 Articles
Mexican currency records its biggest drop since 2024 and points to the end of the 'superweight'
Société Générale, Morgan Stanley and Banco Base have already lowered their estimates for the Mexican peso after a September 'of nightmare' for the coin.
In the midst of lower demand for Mexican pesos and strength of the dollar, the Mexican currency closed yesterday up 18 units per dollar, for the first time in six months, a daily depreciation of 0.66 percent, to close at 18.0635 units per dollar spot.
The last day of the month and the price of the dollar continues to gain strength over the Mexican peso; this is how the exchange rate in Mexico remained today September 30, 2026.
Reforma
elnorte.comThe dollar closed at 18.05 pesos, although during the day it came to be negotiated up to 18.15 pesos.
The Mexican peso suffered its worst monthly depreciation in 25 months during September, dragged by the global strengthening of the dollar, restrictive rates of the Fed and growing domestic fiscal doubts.
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