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23 Sept 2026 · 23:57 GMT+3

Mexican Peso selloff deepens as Fed hawks drive USD/MXN toward 17.50

The Mexican Peso (MXN) extends its depreciation against the Greenback as the USD/MXN pair rallies over 1.25% amid speculation that the Federal Reserve (Fed) will raise rates again, with Fed officials leaning hawkish and underpinning the US Dollar (USD).

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