Puerto Vallarta News

Puerto Vallarta News

Mexican Peso Falls for Third Consecutive Session Amid Global Dollar Strengthening

Puerto Vallarta, Mexico - The Mexican peso has fallen for the third straight session, trading at 20.62 pesos per dollar today, reflecting a 0.29% drop. This recent decline marks a cumulative loss of approximately 1.5% in the last three trading sessions. The peso's slump comes amid global trade tensions, driven by renewed tariff threats from U.S. President Donald Trump, and the anticipation of a potential interest rate cut by the Bank of Mexico (Banxico).

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