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Relatively high interest rates, close proximity to the U.S., and vast petroleum reserves are all factors that contribute to the liquidity of the Mexican peso.

Saturday 25 January 2025 1 MXN = 0.049324 USD 0.049322 0.049324 ... in ECB interest rate cut bets. The Pound to US Dollar (GBP/USD) exchange rate traded mostly flat on Thursday amid a lack of ...

Mexico's January mid-month inflation drops to below 4%, boosting optimism and supporting Banxico's dovish outlook.

The Mexican Peso (MXN) recovered on Wednesday after depreciating by 0.65% against the Greenback on Tuesday. Fears over Unites ...

The USD/MXN exchange rate has moved sideways in the past few weeks as traders eye the upcoming Federal Reserve and Banxico interest rate decision. The pair was trading at 20.11 on Friday ...

USD/MXN declined on Thursday as peso strengthened as traders expecting more news on the tariff front from U.S. President Donald Trump.. The currency has gained about 1.6% so far this week as traders ...

Trump threatens 25% tariffs on Mexico and Canada, sparking fears of economic disruption and rising costs for everyday goods.

Based on Banxico's end-of-day data, the peso depreciated just over 2% against the dollar between last Tuesday and today.

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.