Overview
- Markets on Tuesday, September 29 saw the Mexican peso trade around 18 per U.S. dollar, with intraday touches near 18.0059 as higher U.S. 10‑year yields and geopolitical risk strengthened the dollar.
- Banxico published a FIX reference of MXN 17.8413 for Sept. 28 and a DOF‑listed applicable rate of MXN 17.6425 for some Sept. 29 payments, while retail bank and cash prices continue to differ from those official references.
- The Banco Central de la República Dominicana posted its reference for the U.S. dollar at RD$59.2770 (buy) and RD$59.6450 (sell) as the published guide for Sept. 28–29; consumers should expect bank and exchange‑house quotes to vary from that reference.
- Argentina is trading with multiple simultaneous dollar quotes: the Banco Nación official sale around ARS 1,545, the blue (parallel) around ARS 1,565, and financial rates (MEP, CCL, crypto) at other levels while the country’s risk premium neared 630 basis points and equities fell sharply.
- These moves matter for people and firms because a stronger dollar raises import and debt costs, squeezes remittance value, and can increase borrowing costs; watch U.S. Treasury yields and upcoming U.S. employment and inflation data for the next direction of emerging‑market currency pressure.