Puerto Vallarta, Mexico - The Mexican peso gained ground on Thursday morning, ending a five-day losing streak, as it benefited from a global weakening of the U.S. dollar. Traders are closely watching U.S. inflation and labor figures, which have significant implications for currency markets.
The spot exchange rate stood at 20.0547 pesos per U.S. dollar, reflecting a recovery of 11.48 cents or 0.57% compared to the previous day's official closing price of 20.1695 pesos, according to data from the Bank of Mexico (Banxico). The peso traded within a range . . .
