But for now, BMI forecasts the peso to trade within the range of 55.20 to 59.20 versus the dollar throughout 2025, suggesting that the local currency might see a new record low this year.

In a report, BMI said the peso is expected to trade within the 55.20 to 59.20 range against the dollar this year. But the think tank said the local currency is facing heightened volatility as ...

BMI expects the peso to trade between the P55.20 to P59.20 range this year. In the first two weeks of 2025, it has mostly traded at the P58 level, even setting multi-week lows in the past few days ...

The currency's weakest position on Monday was 20.87 to the dollar, according to the newspaper El Economista.(Shutterstock) The Mexican peso depreciated against the US dollar for a fourth ...

Week on week, however, the peso depreciated by 16 centavos from its P58.20 finish on Jan. 3. The peso rebounded against the dollar on Friday due to profit taking as the market awaited the US nonfarm ...

risk aversion Mexican Peso is under pressure, falling over 1% as USD/MXN hits a six-day high at 20.74. Strong December US Nonfarm Payrolls boost dollar; Fed may hold rates longer. Banxico minutes ...

The Philippine peso is expected to hit a fresh record-low this year ... American Congress formally certified his election victory on Wednesday, ahead of his inauguration on January 20, 2025. “We do ...

Mexican Peso appreciates, pushing USD/MXN down over 1.5% to 20.28 following tariff speculation in The Washington Post. US services sector decelerates in December, compounding investor caution ...