This is how the exchange rate appeared after the imposition of 30% tariffs

The Mexican currency opened at around 18.72 pesos per dollar on international markets, depreciating 0.45%, or 8 cents, compared to the previous day, according to Bloomberg.

In the overnight session, the exchange rate showed upward volatility. Today, the peso is being affected by Donald Trump's threat to impose 30% tariffs on Mexican imports on August 1, in response to the lack of progress on border security measures with the United States, explained Monex specialists.

This week, Banorte analysts expect a wholesale exchange rate range of between 18.50 and 18.85 pesos per dollar.

The dollar index, which compares the performance of the US currency against the other six major world currencies, opened with a 0.1% appreciation. The euro fell 0.06% against the greenback, while the pound lost 0.21%.

Bitcoin, the most active currency in the cryptocurrency market, rose 2.98% as its appeal to investors increased.

At the beginning of the week, global stock markets are showing mostly negative movements, after learning about a modest economic agenda, as well as the new tariffs, by the President of the United States Donald Trump's 30.0% tax on his main trading partners, Mexico and the European Union, has generated new trade tensions.

On the corporate front, this week the banking sector will officially kick off the second-quarter 2025 corporate reporting season.

On Wall Street, futures for the major stock market indicators point to a negative opening, with the Dow Jones falling 0.29% in particular.

In Europe, stock markets are showing mostly negative movements, with the Euro Stoxx 600 trading down 0.33%, while in Asia, markets closed mixed, with the Nikkei losing 0.28% and the Han Seng gaining 0.26%.

The price of U.S. WTI crude oil, the benchmark for the Mexican blend, rose 1.36% due to the announcement of a trade surplus in China during the first half of 2025. Precious metals rose and industrial metals fell, with silver up 1.4% and copper down 1.5%.