Mexico's foreign minister Luis Videgaray said further meetings with Trump administration officials in coming days are not ruled out, according to a report Monday.
He said there is no tentative date yet for a meeting between U.S. President Donald Trump and Mexican President Enrique Pena Nieto. But, the minister said, if the peso is a gauge of relations with the U.S., last week was a good week.
The briefly rose about 1 percent against the U.S. dollar Monday morning after netting a gain of more than 3 percent in volatile trade last week.
Dollar-peso year-to-date performance
Note: Y-axis inverted.
Videgaray said the phone call between the two presidents helped calm tensions with the U.S., but differences remain. The minister said remittances have not been a point of discussion so far with the Trump team, while talk of making organized crime pay for a wall is a positive sign.
The foreign minister also said Mexico will keep its immigration policy the same and is not closing its doors to anyone.
— CNBC's Evelyn Cheng contributed to this report.