Overview
- Banxico reported a Friday close of 18.5935 pesos per dollar, a 0.92% daily advance and the best session since May 13, with a 0.79% weekly gain.
- Official and market snapshots diverged slightly, with the DOF at 18.773 and ElDolar.info’s averages near 18.58 (buy 18.24, sell 18.92).
- Banorte noted that Jerome Powell’s latest remarks point to a possible September rate cut in the U.S., a factor seen supporting the peso.
- Banxico data show remittance inflows down 14.5% year over year through June, with the 12‑month total at $64.00 billion versus $64.26 billion previously.
- In Argentina, Banco Nación set a retail sale reference at ARS 1,335 while blue traded near ARS 1,345 and financial dollars hovered around ARS 1,328–1,333, leaving narrow spreads early Monday.