Puerto Vallarta News

Puerto Vallarta News

Mexican Peso Strengthens to Highest Level Since August Amid Fed Rate Cut Expectations

The Mexican peso hit 18.82 per dollar on June 29, its strongest level in 10 months, supported by investor optimism over Fed rate cuts and U.S. economic policy shifts.

The Mexican peso is once again proving its resilience on the global financial stage. On Sunday, June 29, the currency strengthened to 18.82 pesos per U.S. dollar—its best performance since August of last year—according to data from Investing.com.

This rally comes despite the ongoing global trade tensions and continued uncertainty surrounding U.S. economic policy . . .

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...