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February 3, 2025
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Mexican peso takes a respite to the dollar for the US tariff pause

Mexican peso takes a respite to the dollar for the US tariff pause

He Mexican weight It was quoted at 20,4133 units per dollar in electronic operations at 1:50 in the afternoon of Monday, time of central Mexico.

This, after the announcement of Donald Trump, president of the United States that pausted tariffs with Mexicoat least for a month, after the conversation he had with his Mexican counterpart, Claudia Sheimbaun this morning.

In Mexico, financial markets are closed on Monday by a holiday for the commemoration of the promulgation of the Mexican Constitution of 1917.

With respect to Official Closing of Banco de México (Banxico) On Friday at 20,6871 pesos per dollar, it means an appreciation of 1.32% or 27 cents.

Sunday, after the announcement of the White House that tariffs They would begin to apply tomorrow, Tuesday, February 4, in the Asian market the exchange rate quoted at 21,1735 pesos per dollar, this is a depreciation of 2.35%, or 48.68 cents.

Likewise, the president of Mexico, Claudia Sheinbaum, reported on the social network X, and then at a press conference, which said “a good conversation” with Trump in which they reached “a series of agreements” and what teams of both Nations will start working on two aspects: trade and security.

“Mexico will reinforce the northern border with 10,000 elements of the National Guard immediately, to avoid drug trafficking from Mexico to the United States, particularly fentanyl,” he said.

Meanwhile, “the United States undertakes to work to avoid high -power arms trafficking to Mexico,” he added.



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