Overview

• Mexico’s currency strengthened to roughly 18.59–18.60 per dollar intraday, up about 0.87%–0.93%, after trading between 18.6021 and 18.7772.
• Jerome Powell’s Jackson Hole remarks acknowledged rising risks to employment and said the shifting balance could justify easing, without making a firm commitment.
• Banco de México’s reference stood near 18.77 pesos per dollar, while retail sell rates clustered around 19.20–19.40 and buy quotes ranged roughly 17.55–18.30 across banks.
• INEGI reported second‑quarter GDP growth of 1.2% year over year and first‑half August inflation at 3.49%, providing a modestly supportive backdrop for the peso.
• In Argentina, the official dollar opened near 1,285/1,325 pesos (buy/sell) as the parallel “blue” rate held around 1,320/1,340, highlighting a persistent market premium.