Greeetings from Mexico CIty! The current MXN/USD will continue as long as two things keep going, both very important. First, a significant difference between Mexican and US interest rates, which make the country attractive in the short-medium term. Second, the remmittances sent to Mexico from the USA, to the tune of US$56 billion or so in 2022. There's a third reason I dare not write about. The Mexican president can say what he wants (and believe me, he says a lot, mostly BS). He can't drive the value of the MXN either up or down because the lot of trading happens outside Mexico.
@slrand02, yes, unbelievable but yes, that is correct.
Hungry9Bear9
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@efficientCocka67724, very good, yes, actually the third reason is the most suitable one, he already mentioned MXN USD in $16 as a strategy he has for a re-election together with the anti-infationary rates with the south of American countries greeting from the North of Mexico!