Puerto Vallarta News

Puerto Vallarta News

Mexican peso appreciation builds as dollar weakens; is a weak dollar good or bad for Mexico?

Puerto Vallarta, Mexico - Mexican peso appreciation gains momentum as the dollar falls amid US-China trade tensions; spot rate reaches 19.18 per dollar, supported by local investment data and market sentiment.

The Mexican peso continued its upward trend against the US dollar on Wednesday morning, reaching levels not seen since October. The spot exchange rate stood at 19.1816 pesos per dollar, improving from Tuesday’s official close of 19.2348. That represents a gain of 5.32 cents, or 0.28 percent, according to data from . . .

Read Full Story

Related Posts

Mexican peso gains

Mexican peso gains on weak dollar and Fed cut odds

Mexican peso gains as traders bet on a December Fed rate cut, while delayed US...
Mexican peso exchange rate

Mexican peso exchange rate weakens on Fed data fears

The Mexican peso exchange rate slipped after the long weekend as investors turned cautious ahead...
Mexican peso gains

Mexican peso gains as shutdown vote lifts risk mood

Mexican peso gains as House prepares to vote on ending the U.S. shutdown, with traders...
Mexican peso today

Mexican peso today climbs as shutdown deal advances

Mexican peso today gains as the Senate passes a bill to end the 41-day shutdown,...