Puerto Vallarta News

Puerto Vallarta News

Mexican Peso Registers Largest Weekly Depreciation Since Early November

Puerto Vallarta, Mexico - The Mexican peso experienced its largest weekly depreciation since early November, driven by low liquidity during the December holiday season and a strengthening U.S. dollar as markets anticipate a more cautious stance from the Federal Reserve regarding interest rate cuts in 2025.

Related Posts

Mexican peso appreciates

Mexican peso closes at 17.58 per dollar, best since mid-2024

The peso ended Monday at 17.58 per dollar, its strongest close since June 2024, as...
Mexican peso weakens

Peso slips after hot streak as markets cool in Mexico

After a rapid rally, the peso eased versus the dollar Friday, seen as a technical...
Mexican peso strengthens

Peso strengthens as Fed chair probe hits the dollar

The peso firmed near 17.9 per dollar as a criminal probe involving Fed Chair Jerome...
Mexican peso exchange rate

Peso strengthens after softer-than-expected US private jobs data

The peso edged stronger as ADP hiring missed forecasts, nudging the dollar lower. Traders now...