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Mexican peso exchange rate reaches 18.3688 per U.S. dollar
The Mexican peso has experienced significant volatility against the U.S. dollar. As of October 3, 2026, the official exchange rate set by Banco de México stands at 18.3688 pesos per dollar, following a notable increase of approximately 1.66 percent from the previous session's rate of 18.0692 pesos.
Earlier in the week, on October 2, the peso showed signs of recovery after four consecutive days of losses, with interbank rates reported around 18.17 to 18.18 pesos per dollar. Despite this brief recovery, the peso faced a weekly depreciation of roughly 2.8%, marking its weakest weekly performance since March.
Market fluctuations have been influenced by U.S. economic indicators, specifically a lower-than-expected increase in non-farm payrolls for September and a rise in the unemployment rate to 4.2%. These figures have impacted expectations regarding the Federal Reserve's monetary policy and potential interest rate adjustments.
Entities
Banco de México · Bloomberg · Federal Reserve · Mexican peso · U.S. dollar