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Peso weakens after US-China tariff agreement

Peso weakens after US-China tariff agreement

01 MIN 00 SEC

Reuters

Mexico City (May 12, 2025) - 7:33 a.m.

On Friday, the exchange rate closed at 19.44 pesos per dollar.

On Friday, the exchange rate closed at 19.44 pesos per dollar. Credit: Special

The Mexican peso depreciated this Monday after four consecutive sessions of gains, amid a broad strengthening of the dollar after the United States and China reached a truce to temporarily reduce reciprocal tariffs.

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