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

Nature and rural tourism lodging grows in southern Nayarit

Nature and rural tourism lodging grows in southern Nayarit

Southern Nayarit’s lodging supply grew 30% to 40% over the past year as cabins, glamping...
Punta Mita residents say government is ignoring dispute over beach development

Punta Mita residents say government is ignoring dispute over beach development

Punta Mita residents say authorities have failed to address beach access and environmental concerns at...

Puerto Vallarta Tourism Slows After February

Business leaders report fewer visitors, lower service sales and weaker air traffic in Puerto Vallarta...
Mérida’s Growth Is Testing Water, Power, and Roads

Mérida’s Growth Is Testing Water, Power, and Roads

Mérida’s growth debate is about more than housing. Water, power, roads, buses, hospitals and police...