Explainer-The super peso is back — and it’s starting to hurt
The currency’s near 20% gain since January 2025 is squeezing exporters and weighing on company results, analysts said.
8 Articles
8 Articles
Reforma
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.
Explainer-The super peso is back — and it’s starting to hurt
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...
The Mexican peso was consolidated below the 17 units per dollar , at levels not seen in more than two years. The appreciation improves the purchasing power of those who receive revenues in pesos and acquire goods, services or inputs linked to the dollar, but reduces the value in national currency of remittances , pressures the margins of some exporters and increases Mexico’s prices for foreign tourists. The Bank of Mexico fixed the FIX exchange …
The US dollar closed this Tuesday’s day by yielding land to the Mexican peso, due to a general weakness in the currency of the American Union, which generated a greater appetite for risk among investors. Mexican currency recorded an appreciation of 0.09% and the exchange rate quoted at 16,9445 units per US currency, according to data from Banco de México (Banxico). With the behavior shown, the peso remains below 17 units per dollar and concretat…
The peso is one of the most negotiated emerging market currencies.
Coverage Details
Bias Distribution
- 67% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
