In this way, the national currency again broke another barrier of 17.12 in the interbank exchange rate, with 0.04 points from the figure reached eight years ago. Going beyond specialists’ expectations, as the most optimistic forecasted that this week the parity would reach a minimum of 17.15 Mexican pesos.

According to MONEX, so far this year, the appreciation of Mexican peso has been 12.1 percent, being the second currency with the most profits against the dollar, only behind the Colombian peso.

The Mexican peso has gained strength thanks to the inflow of dollars into the country by means of remittances, exports and tourism. However, MONEX warns that this appreciation can also work against the economy because “it is thwarting the export sector and starting to cause certain havoc among remittance senders.”

The former occurs because there is less growth in exports, and the latter, since Mexicans send the same amount of dollars to the country, so their families receive fewer pesos, explained the deputy governor of the Bank of Mexico, Jonathan Heathen.

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