The Mexican peso fell about 1.3% against the US dollar on 21 October 2026 to close near 18.67 per dollar, from 18.43 the previous day, its weakest daily close of October. The daily high reached about 18.73. Gabriela Siller of Banco Base linked the move to investors unwinding carry trades as the Mexico-US interest-rate gap narrows, while Excélsior cited Middle East worries and higher oil prices. The peso has lost roughly 3% since 30 September, when it stood near 18.07. INEGI is due to publish Mexico's first-half October inflation data on 22 October.
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exchange ratesMexican pesocarry tradeoil prices
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Related tickers and likely impact
DXY
• NeutralRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/21/2026 | 101.70 |
| Change that session | 0.00% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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