Reported about 18 hours ago
A Reuters poll indicates that the Mexican peso is likely to weaken in the coming months as a temporary freeze on US tariff increases expires. This shift follows a recent surge in the currency, which reached its strongest position in nearly a year due to favorable exports and a weaker dollar. Predictions suggest a moderate decline of 5.5% over the next year as trade tensions remain elevated, although the peso may benefit from its preferential trade status with the US under the USMCA agreement.
Source: YAHOO