Puerto Vallarta, Mexico – The Mexican peso fell against the U.S. dollar on Friday, set to close out a week of losses as renewed concerns emerged about the economic impact of President Donald Trump’s tariff plans.
According to the Bank of Mexico (Banxico), the spot exchange rate stood at 20.2195 pesos per dollar in morning trading, representing a decline of 7.14 cents, or 0.35 percent, compared to Thursday’s close of 20.1481. Throughout the session, the dollar ranged between a high of 20.2755 pesos and a low of 20.1355 pesos.
This slide places the peso on track for a 1.48 percent loss for the week, compared to last Friday’s official close of 19.9238. Analysts point to renewed trade-related tensions as a key driver, with uncertainty over the impact of Trump’s tariff policies on broader inflationary trends.
The Intercontinental Exchange’s Dollar Index (DXY), which measures the dollar against six major currencies, rose 0.17 percent to 104 points. In the U.S., Federal Reserve officials commented on the balancing act the central bank faces as it tackles persistent inflation.
Chicago Federal Reserve President Austan Goolsbee warned that it remains unclear how proposed tariffs might influence the inflation picture. Nonetheless, New York Federal Reserve President John Williams indicated that current monetary policy appears appropriately calibrated in light of the U.S. economy’s performance and a somewhat uncertain outlook.
Traders will continue monitoring the latest signals from both the U.S. government and the Federal Reserve. How these factors evolve could determine whether the peso stabilizes or experiences further volatility in the weeks ahead.
Puerto Vallarta, Mexico - The Mexican peso fell against the U.S. dollar on Friday, set to close out a week of losses as renewed . . .