Puerto Vallarta News

Puerto Vallarta News

Mexican Peso Gains as Inflation Eases and China Stimulus Announced

Puerto Vallarta, Mexico - The Mexican peso strengthened on Tuesday, appreciating by 0.54 percent against the U.S. dollar, following the release of favorable inflation data for the first half of September and news of economic stimulus measures in China. According to Bloomberg, the exchange rate now stands at 19.31 pesos per dollar, marking a 10-cent decrease from the closing rate on September 24.

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