Mexico City, November 19 (NA) -- The Mexican peso could enter a period of weakness in the coming months due to the review of the United States-Mexico-Canada Agreement (USMCA), estimated the Mexican Institute of Finance Executives (IMEF). At a press conference, the president of the IMEF's National Economic Studies Committee, Víctor Herrera, pointed out that the Mexican currency is currently 'artificially' stable, as a result of the weakness seen by the US dollar. 'As positive and negative news about the free trade agreement review begins to emerge, we will see that the exchange rate can move from one side to the other,' the expert anticipated, regarding the upcoming USMCA analysis scheduled for January 2026, Argentina's News Agency learned. IMEF partners anticipate an exchange rate parity for the end of this year of 18.80 pesos per US dollar, which could slide to 19.50 units for the next year. For her part, the president of IMEF, Gabriela Gutiérrez, assured that once the first phase of the USMCA review, which will run from January to June 2026, is completed, the partners must have a 'map' of which chapters and/or fractions could be reopened to improve the pact. 'A successful long-term and trilateral renegotiation is key to achieving dynamic GDP growth, creating better economic conditions for a significant part of the population, while achieving healthy and stable public finances,' she highlighted. IMEF anticipates an economic growth for Mexico of 0.5 percent in 2025, which could accelerate to 1.30 percent in 2026.
