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Mexico peso down 2.2% in first trades since U.S. tariff announcements

ReutersFeb 2, 2025 10:27 PM

- Mexico's peso weakened 2.2% against the U.S. dollar on Sunday as the currency market reopened a day after the U.S. government announced tariffs on all Mexican goods.

The peso MXN= traded at 21.15 pesos per U.S. dollar amid a low volume of trading.

The currency slid past the psychological 21 pesos per greenback level for the first time since July 2022.

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