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

Tamaulipas homophobic law

Tamaulipas homophobic law tossed as Court defends rights

Mexico’s Supreme Court overturns a Tamaulipas law that labeled homosexuality as corruption of minors, reaffirming...
Mexico vape ban

Mexico vape ban targets retailers after fierce debate

Mexico’s lower house approved a nationwide ban on vape sales and ads, sparing personal use...
Tijuana River sewage crisis

Tariff threats escalate Tijuana River sewage crisis fight

Trump warns he will slap a 5 percent tariff on Mexican exports unless Mexico moves...
Jalisco measles outbreak

Seven schools go remote amid Jalisco measles outbreak

Seven Jalisco schools remain online as health officials try to contain a growing measles outbreak...