Peso strong in anticipation of no tariffs from the US, Lower risk aversion towards Mexico boosts the Mexican currency in the international Forex market

 Peso strong in anticipation of no tariffs from the US, Lower risk aversion towards Mexico boosts the Mexican currency in the international Forex market checked here.

Washington DC.

Peso strong in anticipation of no tariffs from the US, Lower risk aversion towards Mexico boosts the Mexican currency in the international Forex market

The lower risk aversion towards Mexico boosted the Mexican peso yesterday, which started the session trading at 20.26 pesos per dollar, appreciating 0.12 percent, with the exchange rate fluctuating between 20.22 and 20.33 pesos in the international Forex market.

Gabriela Siller Pagaza, director of economic analysis at Grupo Financiero Base, noted that the perception that U.S. President Donald Trump might not follow through on his threat to impose tariffs on the automotive sector or the world favored the currency.

“There is less risk aversion regarding Mexico. The exchange rate continues to fall gradually, because the market expects Trump not to impose universal tariffs on the automotive industry,” the specialist wrote on her profile on X, formerly Twitter.

Article Peso strong in anticipation of no tariffs from the US, Lower risk aversion towards Mexico boosts the Mexican currency in the international Forex market Published on Personal Finance Bytes,

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