The Aztec currency appreciated on Friday, but this only served to reduce its sharp fall for the month, amid concerns among investors about the progress of the political-judicial reform carried out by the AMLO government.

The Mexican peso ended this last session of August with a slight recovery. The local currency appreciated, but this only served to reduce its strong accumulated loss for the month, amid concerns about the progress of the reform of the Judicial Branch.

The exchange rate ended trading at 19.7027 units. Compared to yesterday's record of 19.8338 units, according to data from the Bank of Mexico (Banxico), this movement left the currency up 13.11 cents or 0.66 percent.

The dollar moved in an open range, with a high of 19.8765 pesos and a low of 19.6219 pesos. The Dollar Index (DXY), from the Intercontinental Exchange, which measures the currency against six other reference currencies, gained 0.36% to 101.71 points.

Although the peso appreciated in a session in which positive data on US inflation were released, supporting optimism about a possible interest rate cut in September, it only reduced a strong decline accumulated during August.

Compared to the official record of 18.6320 units per dollar in July, the peso lost 1 peso and 7 cents, which is equivalent to 5.75 percent. In the week alone, compared to the closing price of 19.0718 last Friday, it fell 63.09 cents or 3.31 percent.

"The Mexican peso remains weak," said Gabriela Siller Pagaza, director of analysis at Banco Base, who said in a report that it is likely to return to around 20 per dollar next week, affected by concerns about local politics.

On the global front, this session was marked by the US Federal Reserve's (Fed) favorite inflation indicator, which came in line with expectations and supported expectations of a 25 basis point cut in interest rates in September.