Dollar price today, August 9: Mexican peso remains firm

This Saturday, August 9, 2025, the interbank exchange rate opened at 18.57 pesos per dollar, down 0.21% from the previous close, according to Bloomberg data. The session comes after the Bank of Mexico (Banxico) reduced the key interest rate by 25 basis points, marking a shift toward more gradual cuts, following four consecutive decreases of half a percentage point.

The measure was interpreted by the market as a sign of caution, favoring the stability of the Mexican peso, which closed the week with a cumulative yield of 1.4% and maintains a positive short-term outlook.

At the close of trading the previous day, the Mexican currency was trading at 18.5969 units, with a marginal appreciation of 0.04% compared to Thursday. Antonio Di Giacomo, market analyst for Latin America at XS.com, emphasized that "the monetary easing process will be gradual and careful, which offers an additional anchor of stability for the Mexican currency."

At the Chicago Mercantile Exchange, speculative positions in favor of the peso increased for the third consecutive week, reaching their highest level since May, reflecting the confidence of international investors.

Below is the price of the dollar for buying and selling at major financial institutions:

1. Banxico's monetary policy: Rates remain attractive compared to other markets.
2. International Environment: Weak Dollar on Expectations of U.S. Rate Cuts
3. Foreign investment flows: Mexico continues to attract capital thanks to macroeconomic stability.

These factors have allowed the peso to maintain a solid position against the dollar, despite global volatility.

Analysts project that, if Banxico's prudence and the favorable external environment continue, the exchange rate could fluctuate between 18.40 and 18.70 pesos per dollar in the short term. However, events such as inflation data in the U.S. or changes in interest rates by the Federal Reserve could modify this trend.