Mexican Peso

Despite the Candlemas Day holiday, the Mexican peso gained ground against the dollar in electronic trading, appreciating by 0.32 percent. The exchange rate stood at 17.40 units per dollar, two cents lower than the Bank of Mexico's close from the previous Friday. Analysts warn of a potential correction due to the peso's overbought status in January.

December 29, 2025 Iniulat ng AI

The Mexican peso has accumulated a 13.9% appreciation in 2025, its best performance since 1994, driven by dollar weakness and solid local factors. Despite a moderate depreciation on December 29, the exchange rate remains stable amid low trading volume due to year-end holidays. Analysts forecast volatility in 2026 from monetary policies and trade reviews.