Puerto Vallarta, Mexico - Mexico's peso weakened against the U.S. dollar on Friday, driven by the dollar's strengthening after the release of a key U.S. labor report and domestic inflation data indicating a slowdown.
The peso closed the trading session at 20.5450 units per dollar, compared to Thursday’s rate of 20.4612 units, according to official data from the Bank of Mexico (Banxico). This decline of 8.38 cents represents a depreciation of 0.41 percent for the Mexican currency.
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