# Mexico's Peso Faces 2H26 Pressure, Citi Forecasts

> Citi's July survey projects the Mexican peso could weaken to MX$17.92 per US dollar in the second half of 2026. The forecast cites USMCA annual reviews, tariff risks and a narrowing 275-basis-point rate gap between Banxico and the Fed.

- Date: 2026-07-23 · published 2026-07-23T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/18578-mexico-s-peso-faces-2h26-pressure-citi-forecasts
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

A weaker peso raises the local cost of US-priced feed grains and meal imported by Mexico. Feed buyers may need to plan for higher landed costs in late 2026.

## Read by commodity

- USDMXN: bullish ▲

## Sources

- mexicobusiness.news: https://mexicobusiness.news/finance/news/mexicos-peso-faces-2h26-pressure-citi-forecasts

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.