Bank of Mexico
4 articles
UBS and Crédit Agricole clash over peso's 2027 path
UBS projects a stronger Mexican peso by September 2027, while Crédit Agricole expects the currency to weaken. The banks' opposing forecasts expose deep uncertainty around Mexico's exchange rate outlook.
UBS shifts peso forecast as Mexico's rate edge fades
UBS now sees the USD/MXN at 17.50 by year-end, dialing back expectations for a peso rebound as Mexico's rate advantage over the US shrinks and global markets shift.
Mexican peso set for 9% drop against US dollar, says Crédit Agricole
Crédit Agricole expects the Mexican peso to lose about 9% of its value against the US dollar by the end of 2027. The bank's forecast points to a shift in currency trends across Latin America.
History of the Mexican Peso: From Pieces of Eight to the Modern MXN
The Mexican peso grew out of the silver pieces of eight minted in New Spain and used across the Americas, Europe and Asia. This detailed history follows the currency from pre-Hispanic exchange and the first mint in the Americas through independence, the 1982 debt crisis, the 1993 nuevo peso redenomination and today’s floating MXN.