Mexican Peso Depreciates Amid Volatile Overnight Trading, Awaits Inflation Report

Puerto Vallarta, Mexico - The Mexican peso opened in international markets at 20.31 pesos per dollar, marking a depreciation of 0.52%, or 10 cents, from the previous day, according to Bloomberg data. Overnight trading saw the exchange rate exhibit volatility with an upward bias as markets reacted to global and domestic economic conditions. Market attention in Mexico is centered on the upcoming inflation report due at the end of the week, a key indicator for...

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