Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Mexican Peso Declines for Third Consecutive Day Amid Global Dollar Rally and Market Volatility

Puerto Vallarta, Mexico - The Mexican peso experienced its third consecutive day of depreciation on Friday, reacting to a stronger U.S. dollar after the Bank of Japan opted to keep its interest rates unchanged and shared an optimistic outlook on the economy. The peso was trading at 19.3391 per U.S. dollar, reflecting a 0.20% drop compared to Thursday's reference price from Reuters. The week has seen an overall loss of 0.80% for the Mexican currency.

Read Full Story

Related Posts

Canadian Hells Angels suspect arrested in Cancún police operation

Canadian Hells Angels suspect arrested in Cancún police operation

Canadian fugitive Denis Ivziku was arrested in Cancún in an international case tied to alleged...
San Miguel Wins Global Award for Cleaner City Streets

San Miguel Wins Global Award for Cleaner City Streets

San Miguel de Allende earned the Escoba de Oro for cleaning, recycling and sustainability work...
Playa del Carmen Markets Could Become Tourist Stops

Playa del Carmen Markets Could Become Tourist Stops

Playa del Carmen named a market director and committee to improve four municipal markets and...
Mexico Tourism Revenue Tops $10B as Los Cabos Stays Key

Mexico Tourism Revenue Tops $10B as Los Cabos Stays Key

Mexico’s Q1 tourism revenue topped $10.2 billion as Los Cabos remained one of the country’s...