Mexico City — The Mexican peso strengthened against the U.S. dollar on Friday morning following the release of key economic data in Mexico.\n\nThe exchange rate stood at MXN\$18.6918 per dollar in the spot market at 6:29 a.m. local time, reflecting a 0.35% appreciation of the Mexican currency.\n\nThis movement occurred alongside a slight 0.02% rise in the U.S. dollar index, which tracks the greenback’s performance against a basket of major currencies.\n\nThe peso ranked as the third-best performer among the 16 major currencies monitored by Bloomberg, trailing behind the South Korean won (0.61%) and the South African rand (0.53%). Meanwhile, the Taiwanese dollar led losses with a 0.29% decline, followed by the Japanese yen (-0.18%) and the Swedish krona (-0.05%).\n\nThis morning, Mexico’s National Institute of Statistics and Geography (Inegi) released preliminary GDP figures for the second quarter, showing a 0.6% quarterly increase and a 1.2% year-on-year expansion, despite ongoing tariff pressures.\n\nAdditionally, biweekly inflation rose 3.49% year-on-year in the first half of August, slightly below Bloomberg consensus estimates.\n\nOn Thursday, the peso closed at MXN\$18.7566 per dollar, marking a 0.05% gain from the previous session.\n\n”The peso was affected by dollar strength as markets assessed U.S. economic data, though concerns about a potential U.S. economic slowdown spilling over into Mexico were partially alleviated,” Monex noted in a market analysis.\n\nOfficial exchange rates and bank quotes:\n\nThe Official Journal of the Federation (DOF) set the reference rate at MXN\$18.7737 per dollar.\n\nBelow are the dollar selling rates posted on the websites of major Mexican banks as of early Friday, August 22, according to Bloomberg Línea’s review:\n— news from bloomberglinea.com\n\n— News Original —\nDólar hoy 22 de agosto: Peso mexicano se aprecia tras datos de inflación y crecimiento económico\nMexico City — The Mexican peso gains ground against the dollar on Friday morning, following the release of economic data in Mexico.\n\nThe exchange rate trades at MXN\$18,6918 per dollar in the spot market (6:29, Mexico City), representing a 0.35% appreciation of the Mexican currency.\n\nThis coincides with a 0.02% rise in the dollar index, which measures the U.S. currency’s performance against a basket of major currencies.\n\nThe peso is the third-best performing currency this morning among the 16 major currencies tracked by Bloomberg, behind the South Korean won (0.61%) and the South African rand (0.53%). Meanwhile, the Taiwanese dollar leads losses with a 0.29% decline, followed by the Japanese yen (-0.18%) and the Swedish krona (-0.05%).\n\nThis morning, Mexico’s National Institute of Statistics and Geography (Inegi) released preliminary GDP figures for the second quarter, showing a 0.6% quarterly increase and a 1.2% year-on-year rise despite tariff imposition.\n\nMeanwhile, biweekly inflation rose 3.49% annually in the first half of August, below Bloomberg consensus estimates.\n\nOn Thursday, the peso closed the session at MXN\$18,7566 per greenback, a 0.05% gain.\n\n”The peso was affected by dollar strength as markets assessed U.S. economic data, though concerns about a potential U.S. economic slowdown spilling over into Mexico were partially mitigated,” said Monex in a note.\n\nOfficial exchange rate, Banorte and BBVA\n\nThe Official Journal of the Federation (DOF) sets the exchange rate at MXN\$18,7737 per dollar this morning.\n\nMeanwhile, here are the dollar selling prices posted on major Mexican bank websites in the early hours of Friday, August 22, according to Bloomberg Línea’s review.
