Puerto Vallarta News

Puerto Vallarta News

Mexican Peso Rebounds After Two-Year Low Amid Justice Reform Concerns and US Inflation Report

Puerto Vallarta, Mexico - The Mexican peso appreciated on Wednesday following a steep decline, as concerns about the implications of a controversial justice system reform and the impact of a US inflation report weighed on investors. The currency recovered by 1.46%, closing at 19.8012 per dollar, compared to Tuesday’s weak finish of 20.1470 units—the peso’s lowest point in almost two years. The recovery came just as the Mexican Senate advanced a constitutional amendment to the justice system, heightening market uncertainty.

Related Posts

AIDAdiva cruise ship

AIDAdiva Cruise Ship visits Puerto Vallarta on a 133-day world run

AIDAdiva marks its first call in Puerto Vallarta as the ship loops the globe in...
mexico Interoceanic Train

Mexico Interoceanic Train costs and the catch nobody warns you about

A first-person ride on Mexico’s Interoceanic Train with real ticket prices, station basics, and what...
Mexico water release

Mexico water release plan heads off new U.S. tariffs

Mexico will release 249 million m³ of Rio Grande water starting Dec. 15 under a...
Baja gray whales

Gray whales make the longest trip of their lives to Baja

Gray whales swim from the Arctic to Baja lagoons each winter. Here’s where to watch...