# Mexican Peso dives as Banxico hints at further easing amid tariff woes

> The Mexican peso weakened for a third day on March 28, with USD/MXN near 20.43 after Banxico cut rates by 50 bps to 9% and signaled further easing. Core PCE inflation ticked up and Mexico's president said talks with the US aim to protect jobs.

- Date: 2025-03-28 · published 2025-03-28T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/25797-mexican-peso-dives-as-banxico-hints-at-further-easing-amid-tariff-woes
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

Dovish Banxico policy and trade tensions pressure the peso, which affects the cost of Mexican imports of US feed grains and meal and the competitiveness of Mexican livestock exports.

## Read by commodity

- USDMXN: bullish ▲

## Sources

- fxstreet.com: https://www.fxstreet.com/news/mexican-peso-sinks-as-banxico-cuts-us-pce-and-tariff-fears-boost-us-dollar-202503281814

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