Peso closes at 17.97 per dollar; Mexican stocks gain 0.52 %
The peso slipped below 18 per dollar after three straight gains, and Mexico's main stock index topped 65 000 points as U.S. rate bets eased.
The Mexican peso ended Tuesday, Oct. 6, 2026, at 17.9725 per U.S. dollar, according to the foreign-exchange portal of Mexico's central bank, Banxico, consulted at 17:12 Mexico City time. That is the end-of-session figure, an average of quotes taken between 13:55 and 14:05. On Monday it had ended at 18.0899, so the currency gained 0.1174 pesos, or 0.65 %, and strung together a third straight session of gains.
The FIX exchange rate, the reference the central bank sets at midday to settle dollar obligations, was 17.9670, compared with 18.1343 on Monday. Other measures differ because each uses its own cutoff time: Milenio reported 17.96, a 0.60 % gain for the peso.
The S&P/BMV IPC, the main index of the Mexican Stock Exchange, rose 0.52 % to 65 312.46 points and has now gained three days in a row, according to El CEO. Orbia led the gains with 5.85 % and OMA posted the biggest drop, 2.38 %. The index figure comes from two outlets that agree and was not confirmed with the exchange itself.
On Wall Street, the S&P 500 gained 0.58 %, the Nasdaq Composite 0.45 % and the Dow Jones 0.49 %, according to the same source.
The outlets consulted credit the peso's relief to lower risk aversion and to Friday's U.S. jobs report, which reduced bets on more Federal Reserve rate hikes. Spanish bank BBVA, in an analysis cited by Milenio, says that "short-term risks remain high," although the recent adjustment "could have been enough" for the currency to recover before the year ends. That is a projection by the institution, not a fact.
Attention now turns to Thursday, Oct. 8, when INEGI, the national statistics institute, publishes September inflation and Banxico releases the minutes of its Sept. 24 decision, in which it held its rate at 6.50 %.
