The exchange rate between the US dollar and the Mexican peso this Friday, March 27, provides negative information for the national currency. These are the details of the day:
This is how the dollar-peso exchange rate behaves this Friday
The US dollar takes ground from most currencies this Friday, but mainly from the Indian rupee and the Mexican peso.
The exchange rate reaches 18.14 pesos per dollar and is the highest level since last December 11according to international negotiations reported by Bloomberg.
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The Mexican peso depreciates 1.1% and is the second currency with the worst performance during the dayonly behind the Indian rupee.
At retail, the US currency is sold at 18.56 pesos, 18 cents above Thursday; It is also the highest price since 2026 began.
Nervousness over Middle East conflict boosts dollar
According to Monex analysts, Geopolitical nervousness in the Middle East drives the dollar and market participants are awaiting developments this weekend.
US President Donald Trump extended the deadline for Iran to reach a deal or face more attacks, saying talks with the Persian country are going very well..
EBC Financial Group Markets analyst Felipe Mendoza noted that global markets operate under an environment of “extreme fear.”
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Banorte strategists also highlighted that China opened a trade investigation into the United States before the planned summit between Trump and Xi Jinping in May.
The director of IMB Capital Quants Investment, Laura Torres, said that not only the conflict in the Middle East is depreciating the national currency, but also the surprise cut in the interest rate announced yesterday by the Bank of Mexico, since it made investments in Mexican pesos less attractive.
Petroleum prices rise almost 5% while the stock markets of Mexico and the United States fall across the board.
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