The weight extended its earnings per third session and this Thursday was at 20,0951 units per dollar, according to Banxico data.
With that closing price, the exchange rate was new account at its best level since December 20, when the registration was 20,0342 pesos per dollar.
Yesterday the peso was at 20,1797 units per dollar at the end of the session.
This Thursday data from the Central Bank indicates that the weight was 0.42% compared to yesterday.
Lee: Weight resists tariffs: it has a better level since the end of 2024
“Considering the recent dispersion of tariff nervousness on weight, the USD/MXN exchange rate has found support to continue with the bearish trend, waiting for the official decision of tariffs by the USA on April 2,” the Monex Financial Group was earlier in a report.
Meanwhile, the Base Financial Group presented in a note that among the factors that helped the weight were the comments of the US Secretary of Commerce, Howard Lutnick, who talked positively about the United Kingdom and Mexico because they abstained reprisals for the tariffs of President Trump to steel and aluminum.
Another element in favor of the weight was the publication of the inflation data to the producer in the United States during February, which was at an annual rate of 3.17%, its lowest level since November 2024.
“The above suggests that the Federal Reserve could soon resume the cuts of the interest rate,” Based in a report after the closing of the session.
He added that the weight was the second most appreciated currency in the day, after the Russian ruble that won 1.21%.
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