Puerto Vallarta News

Puerto Vallarta News

Mexican peso advanced against the U.S. dollar after stronger-than-expected job growth in U.S.

Peso strengthens on nonfarm payrolls as U.S. job gains drive a 0.56% rise, closing at 18.6629 per dollar, even as Mexico’s fixed investment falls for an eighth month.

The Mexican peso advanced against the U.S. dollar on Thursday after data showed stronger-than-expected job growth in the United States. Traders reacted to a nonfarm payrolls report that pointed to continued strength in the world’s largest economy, driving the peso up 0.56 percent by day’s end.

According to the Bank of Mexico (Banxico . . .

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