# Mexican Peso Strengthens Toward 1-Year Highs

> The peso strengthened past 18.38 per US dollar, approaching its strongest level since July 2024, after Banxico's expected 25 bp cut to 7.50% was widely priced in. A softer US dollar and carry flows also supported the currency. The article notes that a new 15% US tariff under Section 122 has added a headwind to Mexican exports.

- Date: 2025-09-29 · published 2025-09-29T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/23102-mexican-peso-strengthens-toward-1-year-highs
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

A stronger peso reduces import costs for Mexican feed buyers, but tariff pressure on Mexico's export-heavy economy could weigh on demand and currency direction later.

## Read by commodity

- USDMXN: bearish ▼

## Sources

- tradingeconomics.com: https://tradingeconomics.com/mexico/currency/news/488707

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