Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Peso Dollar Exchange Rate Slides After OECD Cuts Mexico GDP Forecast

Puerto Vallarta, Mexico - The peso dollar exchange rate dipped to 19.25 on June 3, 2025, after the OECD trimmed Mexico’s growth outlook to 0.4% and warned of tariff risks, prompting market jitters.

The Mexican peso gave up recent gains and traded at 19.25 per U.S. dollar on Tuesday, June 3, after the Organisation for Economic Co-operation and Development (OECD) cut Mexico’s 2025 growth forecast to 0.4% and flagged potential risks from U.S. tariffs. That marked a 0.22 percent drop for the peso compared with Monday . . .

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