Mexican peso strengthens as US inflation eases, dollar slips

The Mexican peso appreciated by roughly 0.5% against the US dollar on July 14‑15, 2026, trading around 17.38‑17.50 pesos per dollar. The gain followed the release of US consumer‑price data showing June inflation at an annual 3.5%, below the 4.2% recorded in May, easing expectations of an imminent Federal Reserve rate hike.

The weaker dollar was also reflected in other markets, with the greenback quoted at 162.34 yen, 1.14 dollars per euro and 1.33 dollars per pound. Analysts linked the peso’s performance to both the US inflation surprise and ongoing geopolitical tension in the Middle East, where US‑Iran confrontations continue to influence investor sentiment.

Bank rates across Mexico varied, with selling prices for the dollar ranging from 17.38 to 18.10 pesos depending on the institution. The broader foreign‑exchange market remained relatively stable despite the geopolitical backdrop.