Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Superpeso: Dollar Continues to Crush the Mexican Peso Amid Judicial Reform Concerns

The Mexican peso faced significant depreciation on Tuesday, with the retail dollar surpassing the 20 pesos ceiling, reaching 20.14 pesos for sale at CitiBanamex branches. This represents a 1.21% increase, or 24 cents above Monday's close, marking a level not seen since December 2022.

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