# Why has the Mexican peso remained strong? | FrontierView

> FrontierView says the Mexican peso has stayed resilient while many emerging-market currencies have weakened under pressure from a strong US dollar and Federal Reserve rate hikes. The firm forecasts an average of 20.5 MXN per USD for 2022, appreciating to 19.9 in 2023. It flags AMLO's energy policies and USMCA tensions as domestic risks.

- Date: 2022-08-18 · published 2022-08-18T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/40253-why-has-the-mexican-peso-remained-strong-frontierview
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

A firmer peso lowers the local-currency cost of dollar-priced feed imports into Mexico, which can ease buyers' costs. The forecast is a stability view rather than a new shock, so the price effect is modest.

## Read by commodity

- USDMXN: neutral

## Sources

- frontierview.com: https://frontierview.com/insights/why-has-the-mexican-peso-remained-strong/

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