Puerto Vallarta News

Puerto Vallarta News

Mexican Peso Dropping Amid Election Concerns, Trade Deficit, and Global Market Shifts

Puerto Vallarta, Mexico - The Mexican peso opened at 19.98 per dollar in international markets today, marking a depreciation of 0.16% or three cents compared to Monday’s session, Bloomberg reports. This slight decline continues a weakening trend from the weekend, as heightened concerns about the upcoming U.S. presidential election, particularly the potential return of Donald Trump, influenced market sentiment, according to analysts at Monex.

Related Posts

peso today

Mexico’s peso briefly hit 17.98 as traders pile into carry trade

Mexico’s peso hovered near 18 per dollar, briefly hitting 17.98, as carry-trade flows and rate...
super peso

Mexico keeps its “Super Peso” reputation intact

The peso held its ground around 18.2 per dollar today, keeping its “super peso” reputation...
Mexican peso gains

Mexican peso gains on weak dollar and Fed cut odds

Mexican peso gains as traders bet on a December Fed rate cut, while delayed US...
Mexican peso exchange rate

Mexican peso exchange rate weakens on Fed data fears

The Mexican peso exchange rate slipped after the long weekend as investors turned cautious ahead...