In your own words, explain (in no more than 5 sentences) what USDMXNV1M is?

How increase overnight rate affect currency exchange rate?

-question 4PNG Gmail 86 USD-MXN OPT VOL 1M Curncy DES Related Functions Menu Message C USDMXNV1M 9.21O+.O35 BGN 8.685/9.735 BGN At 22:24 Op 9.128 Hi 9.250 Lo 9.000 Close 9.175 USDMXNV1M BGN Curnc USDMXN 1 Month ATM Implied Volatility Implied volatility is a measure of the market expected future volatility of a currency exchange rate from now until the maturity date. The future volatility is the single undeterminable variable in the common Black Scholes option pricing model. Bloomberg ATM implied volatilities can be used to obtain the correct Black Scholes price for a delta neutral straddle struck at maturity. Option Volatility Description USDMXN 1 Month Pricing Details BGN Mexican Peso Open 9.128 1.2625 3250 Yesterda 9.17 1.260 325 United States Dollar Current 9.210 1.3025 3200 USD MXN ATM ) Economic Releases 25D RR 2) Settlement Calendar 4 Settlement Calendar25D BF Economic Releases