Dollar Holds Steady as Mexican โคPeso Navigates Inflation โData, Banxico Rate cuts
Mexico City – The U.S. dollar โขtraded atโ 18.83 โMexican pesos at bank windows as of Saturday, September 27, 2025, according to Banamex data. Thisโ comes amid โmarket evaluation of potential further rate cutsโข by โคthe U.S. Federal Reserve and ongoingโข geopolitical risks in Eastern Europe.
The pesoโฃ is currently supportedโ between 18.40-18.35 unitsโ and faces resistanceโ at โฃ18.55-18.60, according to financial market analyst Felipe Mendoza of ATFX Broad.
Meanwhile, the Bank of Mexicoโ (banxico) has implemented a tenth interest rate cut, โขbringingโฃ it to 7.5โ percent, with โfurther adjustments to โ7โค percent possible โคinโ November โand December.
The dollar’s stabilityโข follows the release of โthe PCE deflator,a โคkey indicator โforโค the Federalโ Reserve,whichโข showed a monthly advance of 0.26 percent and an annual rate of 2.74 percent โค- its highest level โฃsence โDecember 2024, but in lineโข with โmarket expectations. The Dollar Indexโ (dxy) retreatedโค 0.29โ percent to 98.26 units, โขand the โขbbdxy lost โฃ0.24 percent, closing at 1,205.61 points.
As โขof today, โSeptember โค27, 2025, the dollar is being bought for 17.30 pesos andโ soldโ for 18.84 pesos.โข While most โbanking activity is paused on weekends, branches of Azteca โคBank remain open.
The euro closed on Friday, September 26,โ 2025, atโค a purchase price of 20.20 pesos โขand a sale โขprice of 22.85 pesos.
Banxico states the peso’s value is determined โby supply and demand โin the international currency market, operating under a flexible exchange rate regime adoptedโ in 1994.The Mexican pesoโ is one of the four most exchanged emergingโ market currencies โขand is available for buying and selling โค24/7, 365 days a year.
