The peso stood at 18.0354 units per dollar at the close of the session, which remained at its best level since the end of July 2024, according to Banxico figures.
The national currency appreciated 0.81% and had three days of gains against the greenback.
Last Thursday, the peso had its best level against the dollar since July 23, 2024, amid investor expectations about the Federal Reserve’s monetary policy decision this week.
Read: Peso has its best level since the end of July 2024
With today’s closing, the exchange rate registered a minimum not seen since July 22 of last year, when it closed at 17.9408 pesos per dollar.
The financial group Monex explained that the peso was driven by the weakening of the dollar and a more favorable commercial environment with the United States towards the review of the USMCA in 2026, thus validating a new interannual minimum.
The firm detailed in a report that the DXY dollar index extended its decline and closed with a loss of 0.48% compared to the previous close.
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