Puerto Vallarta, Mexico - The Mexican peso traded with slight gains against the U.S. dollar on Tuesday, as market participants kept close watch on the latest developments in U.S. trade policy. The local currency’s advance comes a day before new U.S. tariffs on steel and aluminum are scheduled to take effect.
According to data from the Bank of Mexico (Banxico), the peso stood at 20.3404 units per dollar in spot trading, compared to its closing level of 20.3623 pesos on Monday. This move represents a gain of 2.19 cents for the . . .
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