Singapore markets close in 2 hours 9 minutes

USD/MXN (MXN=X)

CCY - CCY Delayed Price. Currency in MXN
Add to watchlist
20.8920-0.0385 (-0.18%)
As of 6:51AM GMT. Market open.
Sign in to post a message.
  • K
    Kathia
    Do you think that in the next three months the price of the dollar will go up? I’m looking to exchange dollars to Mexican peso and I just want to know if I should wait to probably gain more money or should I exchange it now?
  • J
    Joel
    As I mentioned 3 months ago and now it is official, Mexico is in a Recession and has been all year. Economic news isn't looking that much better for the future... Hopefully the gov will open up spending and allow the economy to grow...even at the cost of a weaker Peso, but a stronger economy.
  • M
    Mario
    And in the middle of this crisis, the government decided today to cancel the construction of a new factory by Constellation Brand, after a poll where only 3 % of the registered voters voted. The had already spend 900 million USD or 60% of a total amount projected of 1.5 billion USD
  • L
    Lee Reece
    those of yall from mexico; how can yall digest that americans pay 0% for 72 or 84 month auto loan with the first payment being 90-180 days vs. Mexicans will pay 9.99%; another example are home loans in mexico they are about the same auto loans whereas americans pay 3.5%; the us gave each qualifying citizen 1200 stimulus checks vs. amlo gives you a hard time. also, americans receive 600/week for unemployment vs Mexicans receive a tamale. what does it take to rile your being or better yet a human being?
  • l
    lu
    If you’re a day trader, you should definitely check out http://tradenow.xyz. They send a watchlist covering the top pre-market movers every day before the open. It’s a great way to pick out potential trades for the day.
  • m
    mike
    They are saying peso rally
    Continues
    18.00 will not hold
  • L
    Lee Reece
    good day folks, today, saw on tv that Mexican forex technical analyst predicts that the peso will be 23.34 to 24 to the usd. glta,
  • J
    Joel
    I would not have believed it a week ago, but I think 28 is possible...
  • L
    Lee Reece
    today Mexican banks asked for liquidity from bank of mexico.
  • L
    Lee Reece
    good day, how is everyone? it is most unfortunate that mexico's gdp contracted 0.2% last qtr. Pemex still owes approx. 100 billion usd. also, mexico owes a lot. with the price of oil below 60/bbl it makes it difficult for Pemex to get out of the red. approx. 10 years ago, Pemex was producing approx. 7-10 million bbl/day. today, Pemex is producing 2.98 million bbl/day. another problem with Pemex is that the people running the company are politically motivated; whereas, American oil companies are run by lifers. until amlo took over, mexico's expenses were increasing each year. at least amlo had the nerve to reduce expenses based on the amount oil production. to me a huge error is that mexico does not want to produce shale oil due to technology constraints. with a contracting economy it is very hard to pay off its debts. also, it is my opinion that Pemex will default to junk bond status and mexico will very be close to them. mexicanos or mexicannots?
  • n
    nick
    Usd will rise above 26 when this correction is over - any second wave of Covid and oil is coming off again - I see 29 as a target after bouncing from 21.6
  • S
    Sand Dollar
    Going to 30+ buy as many Pesos affordable this exchange rate won't last forever
  • L
    Lee Reece
    good day, how is everyone doing? yesterday, the morena party wants the cnbv to revoke the credit ratings companies like fitch, s&p, and moodys. in essence the morena party will allow them as long as they are in amlo's back pocket. the ratings companies are an independent agency that even the us government cannot control them, much less anyother country. it is my opinion that if the morena party does this, then it will doom mexico. all Mexican companies that are listed in America's exchanges want access to their credits. and any company that wants to do business with the us, the us will require that there is access to their credit. mexicano or mexicannots.
  • S
    Sand Dollar
    peso going to 20+ with Pemex debt and weak economy
  • L
    Lee Reece
    if bank of mexico would drop interest rates to 1% it would do the economy and the people of mexico a would of good. can anyone explain why interest rates in mexico are so high? thanks,
  • c
    chester
    maybe the peso will go over 20 soon and test the 52 week high ?
  • J
    Joel
    The economy really is in a recession. You can see it because business has slowed to a standstill...the truth will be apparent by the end of the year, even if the MX GOV props up the peso...
  • J
    Joel
    I am stunned, PEMEX lost another 4.3-Billion in the 3rd quarter and the peso stays strong... looking at the ups and downs today clearly indicate manipulation.
  • S
    Sand Dollar
    Why is Peso so strong with Pemex debt and weakening economy?
  • J
    Joel
    Tomorrow will be big news...looking for a big drop in the Peso, even if the MX Gov. continues to prop it up...stay tuned!