Puerto Vallarta News

Puerto Vallarta News

A weakening Dollar is helping to lift the Mexican Peso to highest levels of the year

Puerto Vallarta, Mexico - The Mexican peso strengthened to 19.1998 per dollar on Monday, driven by a weaker greenback after US tariff threats, along with domestic political uncertainty.

The peso climbed against the dollar in Monday trading, capitalizing on a softer greenback after US President Donald Trump renewed threats of higher tariffs and accused China of backtracking on a mineral trade deal.

By the close, the exchange rate stood at 19.1998 pesos per dollar—a gain of 19.59 cents, or 1.01 percent, compared with Friday’s 19.3957 figure, according . . .

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