The Mexican peso increased over 18 against the US dollar, recovering from the six-month low of 18.25 reached on October 5th and following other emerging market currencies' 

Recovery as traders' appetite for risk returned as US bond rates retreated from their recent highs.

Since core inflation for September remained largely steady at 5.8%, 
the central bank of Mexico is anticipated to keep its current interest rate of 11.25% until the end of the year.


However, overall inflation increased toward Banxico's 2%–4% objective.

In September, the CPI for Mexico increased by 4.45% year over year, which was a little less than the predicted 4.47% growth.

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