Puerto Vallarta News

Puerto Vallarta News

Mexican Peso Opens Lower After a Day of Gains, Trading Above 20.00 Dollars

The Mexican peso lost ground against the US dollar today, once again breaching the psychological barrier of 20.00 units per dollar. The depreciation comes amid a strengthening US dollar and renewed market uncertainty following the recent U.S. presidential election. As of 7:30 AM Mexico City time, the exchange rate rose to 20.02 pesos per dollar, marking a 1.14% decline for the local currency, according to real-time data from Investing.com. This m…

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