Peso Exchange Rate Could Exceed 24 Units per Dollar Amid U.S. Tariff Threats, BBVA Warns

Puerto Vallarta, Mexico - In a concerning development for the Mexican economy, BBVA analysts warn that the peso could depreciate to over 24 units per dollar in the short term if the United States maintains its proposed 25% tariffs on Mexican goods. This scenario would mark a significant drop from the closing exchange rate of 20.6871 pesos per dollar recorded on January 31.