Dollar rises nearly 0.5% in Mexico despite solid retail sales

FinanceInternationalXTB.comOct 21, 2026, 8:15 AM35 s readAI summary

The USD/MXN exchange rate is up nearly 0.5% and approaching 18.52 pesos per dollar, after August retail sales were reported to have grown 1.2% month-on-month and 3.3% year-on-year, above expectations. The market is weighing Banxico, which according to the Citi Survey would keep its rate unchanged for the rest of 2026 and in 2027, against the possibility that the Fed raises its rate again in December, which would narrow the rate differential.

In 35 seconds

The dollar in Mexico is up nearly 0.5% and hovering around 18.52 pesos per dollar.
August retail sales rose 1.2% month-on-month and 3.3% year-on-year, above consensus.
25 of 36 analysts in the Citi Survey expect Banxico to keep its rate unchanged in 2026 and 2027.

Read the full story at XTB.com

IASummary generated by artificial intelligence from a story by XTB.com. It may contain errors: the original source prevails.

dólar
peso mexicano
Banxico
Fed
ventas minoristas

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Dollar rises nearly 0.5% in Mexico despite solid retail sales

In 35 seconds

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