Mexican Peso Appreciates Against the Dollar Amid Investor Optimism, 20.35 per Dollar

The Mexican peso strengthened against the U.S. dollar this Friday morning, advancing in the last session of the month as investors assess the approval of a constitutional reform in the Senate and amid a decline in the greenback.

The spot exchange rate stood at 20.3558 pesos per dollar, compared to the official close of 20.4300 pesos yesterday, according to data from the Bank of Mexico (Banxico). This movement signifies a gain of 7.42 cents for the peso, equivalent to a 0.36 percent appreciation.