Puerto Vallarta News

Puerto Vallarta 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.

Related Posts

Puerto Vallarta water outage to hit 60 neighborhoods this week

Residents are urged to store water as a planned Puerto Vallarta water outage lowers pressure...
Online Counterfeit Medicines in Mexico

Online Counterfeit Medicines in Mexico Expose Weak Policing

Nine in ten firms in Mexico now spot fakes online, with medicines leading a piracy...
elite cartel task force

Mexico Launches Elite Unit Against Drug Lords

Mexico’s new UNO unit forms an elite cartel task force, using intelligence and U.S. cooperation...
Asian migrants in Mexico

What the surge of Asian migrants in Mexico really means

New IOM data shows nearly 50,000 Asia Pacific migrants in Mexico without legal status as...