Reuters' latest forecast shows that the Mexican peso faces significant depreciation pressure against the US dollar, with expectations for it to weaken to 18.38 within the next year, representing a notable decline from 18.55 in January, with a depreciation magnitude of 6.3%. Meanwhile, the Chilean peso's weakness is also persisting, with forecasts predicting a depreciation to 876.90 within 12 months compared to 900.0 from the January survey, also showing some decline with a relatively moderate drop of approximately 1.8%. From the performance of both currencies, the Mexican peso against the US dollar faces significantly greater pressure, reflecting differing expectations between the two economies.