# MXN: Weak real economy, further interest rate cuts, yet no weaker peso – Commerzbank

> Commerzbank says the Mexican peso has gained about 13% against the dollar this year despite conflicts with the US government. Markets already expect Banxico to cut by 25 bp to 7.5% and then two more cuts over six months. The bank argues the peso is well supported and that the dovish outcome is largely priced in.

- Date: 2025-09-25 · published 2025-09-25T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/23104-mxn-weak-real-economy-further-interest-rate-cuts-yet-no-weaker-peso-commerzbank
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

Persistent peso strength keeps dollar-denominated feed and ingredient imports cheaper for Mexican buyers, though weak growth and expected rate cuts could eventually reverse that support.

## Read by commodity

- USDMXN: neutral

## Sources

- fxstreet.com: https://www.fxstreet.com/news/mxn-weak-real-economy-further-interest-rate-cuts-yet-no-weaker-peso-commerzbank-202509250751

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