The weight extended his profits on Friday after Reuters announced that President Donald Trump would announce that the new tariffs against Mexico and Canada would enter into force until March 1, according to Fuentes.
The currency quoted at 20,5070 per dollar, with an appreciation of 1% compared to the LSE Reference Price on Thursday.
However, the weight is headed for a week of accumulated losses pending news about the tariffs Trump has promised to impose.
“We will be attentive to any possible event throughout the day, with reports from some of its advisors that there are possible avenues so that rates do not enter into force,” said Grupo Financiero Banorte in an analysis report.
The peso recorded his worst session on Monday after the president revived concerns about his commercial policy after threatening to punish Colombia with tariffs during a diplomatic controversy.
President Claudia Sheinbaum has dismissed the threats of her American counterpart, warning that her administration has an response plan.
On Wednesday, the candidate for the Secretary of Commerce of the United States, Howard Lutnick, said that Canada and Mexico could avoid tariffs if they act quickly to prevent the entry of fentanyl and irregular immigrants.
*This note was originally published at 08:18 am and updated later.
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