The measures that have been considered could impact Mexican exports and trade relations between both countries, which is putting pressure on the peso against the US dollar. Currently, the exchange rate at different banks shows a significant variation, ranging from $19.80 to $21.50 for buying and from $20.89 to $21.50 for selling.
The performance of the Mexican peso will continue to be closely monitored by analysts, who will remain attentive to economic policy decisions in the United States and their possible repercussions on trade with Mexico. This Monday, January 20, 2025, the dollar is quoted at $20.83 pesos, showing a significant decline for the Mexican currency at the beginning of the week.
The drop in the value of the peso occurs in a context marked by Donald Trump's inauguration for his second term as president of the United States, a situation that has generated uncertainty in financial markets. Since Trump's victory in the elections was confirmed, the dollar exchange rate has experienced high volatility, especially after the president's recent statements about the possibility of imposing new tariffs on Mexico.
