Peso closes at 18.09 per dollar; Mexican stocks gain 0.69 %
The peso rose for a second straight session and Mexican stocks climbed after investment data, but the currency is still short of where it stood two weeks ago.
The Mexican peso closed Monday, Oct. 5, 2026, at 18.0899 per U.S. dollar, according to the foreign-exchange portal of Mexico's central bank, Banxico, consulted at 17:16 Mexico City time. That is the end-of-session figure, an average of quotes taken between 13:55 and 14:05. On Friday, Oct. 2, it had ended at 18.1637, so the currency gained about 7 centavos and has now recovered for two sessions after its worst week since March.
The FIX exchange rate, the reference the central bank sets at midday to settle dollar obligations, was 18.1343. Other measures of the close differ slightly because each uses its own cutoff time: Milenio reported 18.08, a 0.33 % gain for the peso on the day.
On the Mexican Stock Exchange, the S&P/BMV IPC, its main index, rose 0.69 % to 64 975.08 points, according to El CEO. The outlet credits part of the advance to July's gross fixed investment, which the national statistics institute INEGI reported up 6.6 % from a year earlier in unadjusted figures, and to a 3.62 % gain at telecom group America Movil. The index figure could not be confirmed with the exchange itself; the two sources cited agree.
Milenio attributes the peso's gain to U.S. jobs figures published Friday that were weaker than expected: the market bet less on another Federal Reserve rate hike in October. A drop in oil also played a part. According to El CEO, a barrel of WTI closed at 89.32 dollars, 1.96 % lower, and Brent at 100.28 dollars, down 1.92 %.
The next data arrive Thursday, Oct. 8, when INEGI publishes September inflation and Banxico releases the minutes of its Sept. 24 decision, in which it held the rate at 6.50 %.
