Puerto Vallarta News

Puerto Vallarta News

Mexican Peso Holds Steady at Seven Month High Against Weakening Dollar

The Mexican peso closed virtually unchanged at 19.3892 per dollar on May 14, 2025, maintaining gains ahead of a widely anticipated 50-basis-point cut by the Bank of Mexico.

Puerto Vallarta, Mexico - The Mexican peso ended Wednesday’s session almost flat against the U.S. dollar, closing at 19.3892 per dollar after touching seven-month highs in the previous session, data from Banxico showed. The local currency eked out a marginal gain of just 0.02% from Tuesday’s close of 19.3926, remaining range-bound as market participants await . . .

Read Full Story

Related Posts

Mexican peso strengthens

Mexican peso strengthens while the dollar slips again

Mexican peso strengthens to a 2025 high as US jobs and retail data calm markets,...
peso dollar exchange

Peso-dollar rate hits mid 2024 levels as dollar weakens

Peso dollar rate finished near 17.98 on Dec. 15, 2025. We break down the drivers,...
peso today

Mexico’s peso briefly hit 17.98 as traders pile into carry trade

Mexico’s peso hovered near 18 per dollar, briefly hitting 17.98, as carry-trade flows and rate...
super peso

Mexico keeps its “Super Peso” reputation intact

The peso held its ground around 18.2 per dollar today, keeping its “super peso” reputation...