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Peso Firms With Banxico FIX at 18.3528 Per Dollar

Softer U.S. inflation is lifting Fed rate‑cut odds, pressuring the dollar.

Overview

  • The official FIX for October 7 is 18.3528 MXN per USD, the Banxico reference published to the Diario Oficial de la Federación.
  • Early spot quotes hovered near 18.3474 per dollar after a prior session around 18.3902, reflecting a modest recent peso gain.
  • Retail bank counters showed wide ranges, with dollar purchase prices near 17.97 MXN and sales around 18.62 MXN, varying by institution.
  • August U.S. CPI rose 0.2% monthly and 2.7% annually, coming in below expectations and reinforcing market bets on Federal Reserve easing.
  • Banxico’s one‑day interbank rate stands at 7.50% effective since September 26, forming part of the backdrop for recent FX moves.