The article discusses the recent appreciation of the Mexican peso, which has risen to approximately 17.30 pesos per dollar, indicating a strong economic performance that is being highlighted by President Sheinbaum. However, this strength brings to light the potential dangers associated with a too-strong currency, which could affect exports and overall economic health. The dollar's general depreciation against other currencies, driven partly by uncertainties around US economic policies, plays a significant role in this development.

Two main factors are identified as causes for the peso's rise: external factors, particularly the economic policies of the Trump administration that have created doubt about the dollar's future and resulted in economic instability, and internal factors including sustained high-interest rates in Mexico. The preservation of a 'investment grade' credit rating for Mexico has also enabled international funds to invest in Mexican securities, contributing to the peso's strength. Dealing with these conditions falls outside Mexico's control, especially concerning external pressures from the United States.

The article underscores the need to balance the benefits of a strong peso with the risks it poses to the economy. Maintaining competitiveness in international markets is crucial, and policymakers may have to consider strategies to manage the currency's value to ensure it does not hinder growth and trade. As the political landscape in the U.S. continues to evolve, it will be important for Mexico to navigate these external economic pressures while fostering a healthy domestic economic environment.