The peso started the week slightly lower, despite the weakness of the US currency, as investors prepare for the Federal Reserve’s monetary policy decision on Wednesday.
The exchange rate stood at 17.3698 pesos per dollar, a slight depreciation for the national currency of 0.01%, according to closing data from Banxico.
“The depreciation of the peso occurs despite a weakening of the US dollar of 0.27%, according to its weighted index, hitting a minimum not seen since September 17, 2025, due to the protectionist position of the United States,” Banco Base said in an analysis note.
The Inegi reported that the seasonally adjusted unemployment rate was 2.6% in December, while the non-seasonally adjusted figure was 2.4% in the last month of the year.
Read: Unemployment rate in Mexico reaches 2.4% in December
With information from Reuters
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