Puerto Vallarta, Mexico - The Mexican peso continued its upward trajectory against the U.S. dollar on Friday, December 20, bolstered by a combination of monetary policy decisions at home and abroad, as well as shifting sentiments in international financial markets. The exchange rate reached 20.09 pesos per dollar, reflecting an appreciation of 1.07 percent compared to Thursday’s close of 20.29 pesos per dollar.
This notable improvement in the peso’s performance comes on the heels of the United States Federal Reserve’s (Fed) most recent monetary policy meeting. Market participants closely monitored the . . .
