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Explainer-The super peso is back — and it’s starting to hurt

A softer dollar and high interest rates have fueled a near 20% gain since January 2025, but exporters and some companies are feeling the squeeze.

Summary by WTVB
By Stefanie Eschenbacher and Noe Torres MEXICO CITY, Aug 25 (Reuters) - Almost nobody saw this coming. At the start of 2025, Mexico's central bank and Wall Street alike expected the peso to weaken toward 21 per dollar. Instead, it has surged past 17, m...

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Despite the prosticos of Banxico and Wall Street and an environment of volatility the weight has managed to be quoted below the $17 per dr.

·Monterrey, Mexico
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The peso is one of the most negotiated emerging market currencies.

·Mexico City, Mexico
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  • 67% of the sources are Center
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The Globe & Mail broke the news in Toronto, Canada on Tuesday, August 25, 2026.
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