Mexican peso advances due to weakness of the greenback
The Mexican peso appreciated 0.23 percent, closing the day at 17.53 units per dollar, this Thursday, July 9, 2026.
The national currency was supported by a global decline in the greenback and local inflation figures that reinforced the expectation that Banco de México will keep its key rate unchanged for a while.
The rise in the peso occurred on a day marked by lower demand for the US currency, while Washington and Tehran exchanged new armed attacks and stable data from the US labor market kept the focus on possible inflationary pressures.
The session was also influenced by comments from different Federal Reserve authorities, including the head of the New York Fed, John Williams, who said that he does not foresee a sustained increase in energy prices for the remainder of the year, despite the worsening of the conflict.
