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Dollar price at 20 pesos on Forex

Ciudad Juárez—The Mexican peso depreciated again this Thursday, reaching 20 units per dollar on the international Forex market.

Gabriela Siller Pagaza, director of economic analysis at Grupo Financiero Base, reported that the peso started trading at around 20.02 pesos per dollar.

“This represents a depreciation of 0.68 percent, or 13.5 cents,” the expert said in his profile on the social network X, and attributed it to fears of Donald Trump.

According to Siller Pagaza, the candidate for president of the United States is already ahead in the main states of the neighboring country.

He added that another important factor also had an impact, namely expectations that the US Federal Reserve (Fed) would have to be careful in reducing interest rates.

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