Puerto Vallarta, Mexico - The Mexican peso continued its advance against the dollar on Monday morning, building on four consecutive days of gains amid cautious trading and ongoing uncertainty around U.S. policy measures.
According to the Bank of Mexico (Banxico), the local currency traded at 20.2299 pesos per dollar in early action, compared with Friday’s official close of 20.2672. This represents a gain of 3.73 cents, or 0.18%, for the peso so far. The dollar/peso pair saw a trading range between 20.3008 and 20.1814 in morning transactions.
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