Overview
- Banxico data show the peso settled at 17.5801 per dollar after trading between 17.5713 and 17.6681, its strongest level since July 2024 as the DXY slipped to about 99.05.
- Analysts cite a softer U.S. dollar, favorable rate differentials and foreign inflows as key supports for the peso, with risk sentiment shaped by tariff threats from President Donald Trump tied to his Greenland push.
- Retail quotes in Mexico held near Compra 17.26 and Venta 17.92 pesos per dollar across bank windows, reflecting stable, low‑volatility conditions.
- In Argentina, Banco Nación closed the official dollar at ARS 1,460 for sale (buy ARS 1,410), the blue finished at ARS 1,505, the MEP around ARS 1,466.7 and the CCL near ARS 1,512.6 on a low‑volume session due to the U.S. holiday.
- Argentina’s central bank reported net dollar purchases of about USD 21 million on the day, lifting international reserves to roughly USD 44.8 billion.