US EditionMexican Peso Reaches Strongest Position Since August 2024
MEXICO, JUL 24 – The peso closed at 18.53 per dollar after 2% July gains due to stable trade policies, high interest rates, and government support for Pemex, Banco de México reported.
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Mexican peso reaches strongest position since August 2024
The Mexican peso appreciated against the US dollar for a fourth consecutive trading day on Wednesday to close at its strongest position in 2025. The peso closed at 18.53 to the greenback on Wednesday, according to the Bank of Mexico (Banxico), an appreciation of around 0.6% compared to its closing position on Tuesday. The last time the peso was stronger was in August 2024. By the close of trading on Wednesday, the peso had appreciated around 1.2…
Mexican Peso Reaches Year-High, Showcasing Mexico’s Economic Maneuvering
The Mexican peso has climbed to its strongest point against the US dollar in a year, closing at 18.53 pesos per dollar on July 24, 2025, according to Banco de México. This gain stands out after the peso appreciated about 2% just in July, reversing weaker performances seen last year. Several straightforward reasons explain why […]
The peso quoted at 18.53 units per dollar near the close of the session of this Wednesday, July 23, 2025, with a profit of 0.61% compared to the reference price of Tuesday. The Mexican currency appreciated for the fourth consecutive day, driven by a better environment for the global assets of risk after diplomats of the European Union reported that the region is heading towards a trade agreement with the United States. Related news: Avión Casi A…
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