Mexican Peso Climbs to New Heights, Outperforming Since 2015

INSUBCONTINENT EXCLUSIVE:
On Friday, the Mexican peso demonstrated remarkable resilience, closing at 16.46 against the US dollar, its strongest position since
economic fluctuations.During the day, the currency saw highs and lows, eventually peaking at 16.4910, a testament to its growing
strength.BASE Financial Group notes the peso appreciated 3.05 percent since early 2024, outperforming major currencies.Their analysis shows
the rate was stable at 16.55 pesos per dollar for the week, with gains on Friday.Mexican Peso Climbs to New Heights, Outperforming Since
2015
(Photo Internet reproduction)Monex suggests the peso gained from positive expectations about Mexico-US interest rate differences.They
predict the peso will maintain its strong stance, possibly oscillating around 16.48 pesos per dollar in the near term.Mexican Peso Climbs to