Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Mexican peso advanced against the U.S. dollar after stronger-than-expected job growth in U.S.

Peso strengthens on nonfarm payrolls as U.S. job gains drive a 0.56% rise, closing at 18.6629 per dollar, even as Mexico’s fixed investment falls for an eighth month.

The Mexican peso advanced against the U.S. dollar on Thursday after data showed stronger-than-expected job growth in the United States. Traders reacted to a nonfarm payrolls report that pointed to continued strength in the world’s largest economy, driving the peso up 0.56 percent by day’s end.

According to the Bank of Mexico (Banxico . . .

Read Full Story

Related Posts

peso today

Peso gains against dollar as inflation clouds path

The peso strengthened to around 17.35 per dollar on April 9, but hotter March inflation...
Mexican peso gains

Peso gains after U.S.-Iran ceasefire sends dollar lower

The peso strengthened early Wednesday after a U.S.-Iran ceasefire cut safe-haven demand for the dollar...
Mexican peso weakens

Mexican Peso Holds Near 18.10 as Pressures Persist

The peso opened the week near 18.10 per dollar, but inflation, rate cuts and global...
Mexican peso exchange rate

Peso weakens past 18 as markets weigh war and rates

The peso slipped past 18 per dollar after Banxico cut rates and global tensions lifted...