Puerto Vallarta, Mexico - The Mexican peso depreciated against the U.S. dollar on Friday, rounding out a tough week for the local currency after official data confirmed an economic contraction in the last quarter of 2024.
According to the Bank of Mexico (Banxico), the peso closed at 20.4131 units per dollar, weakening from 20.3129 pesos the previous day. This represents a drop of 10.02 cents—equivalent to 0.49%. During Friday’s trading session, the currency oscillated between a high of 20.4282 and a low of
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