Puerto Vallarta News

Puerto Vallarta News

Mexican peso gains for fourth straight day after Banxico rate cut and positive global sentiment

The Mexican peso rose for a fourth consecutive session, closing at 18.8623 per dollar after Banxico cut interest rates to 8% and global sentiment improved.

The Mexican peso posted its fourth consecutive day of gains against the U.S. dollar on Thursday, closing at 18.8623 pesos per dollar, supported by a widely anticipated interest rate cut by Banxico and mixed economic indicators in the United States.

According to official figures from the Bank of Mexico (Banxico), the local currency strengthened 6.21 . . .

Read Full Story

Related Posts

Mexican peso strengthens

Mexican peso appreciates amid dollar weakness and local inflation data

The Mexican peso strengthened against the U.S. dollar on the first trading day of the...
Mexican peso appreciates

Peso strengthens to 17.19 per dollar ahead of the Fed decision

Mexico’s peso holds near 17.19 per dollar, up slightly from yesterday’s close, as traders await...
peso today

Mexican peso holds steady as inflation ticks higher

The peso closed near 17.48 per dollar, steady under 17.50, as hotter Mexico inflation and...
Mexican peso appreciates

Mexican peso closes at 17.58 per dollar, best since mid-2024

The peso ended Monday at 17.58 per dollar, its strongest close since June 2024, as...