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 . . .

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