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The Mexican peso appreciated against the US dollar for a fourth consecutive trading day on Wednesday to close at its strongest position in 2025.
Executives at Mexican lender Banorte on Wednesday warned that foreign-exchange volatility and a potential dividend payout ...
Mexico’s strong economic ties to the US have also worked in the peso’s favor. The US doesn’t intend to apply the 30% rate to USMCA-compliant goods, a White House official said on Saturday. The ...
The Mexican peso has started the week with a slight appreciation against the U.S. dollar, in a context marked by rising trade tensions and signs of economic slowdown in the United States.
Banxico, as the central bank is known, estimated that Mexico's gross domestic product will grow just 0.1% this year, below its February estimate of 0.6%.
In annual terms, Mexico's GDP grew 0.8% in the first quarter. "The data show that during the period, industrial production continued to decline and services weakened," Mexican bank Banamex said.
Tariffs may drive Mexico into recession, selloff in ‘overvalued’ peso: Wells Fargo Mar. 27, 2025 11:16 AM ET S&P 500 Index (SP500), USD:MXN, MXN:USD, MEXBOL UUP, UDN, USDU By: SA News Team 159 ...