Puerto Vallarta News

Puerto Vallarta News

Mexican Peso depreciates on renewed tensions in the Middle East

Mexican peso depreciation edged 0.06% as markets shunned risk amid Israel’s attacks on Iran. DXY rose 0.29%, gold jumped 1.25%, and oil surged 6.05%

The Mexican peso weakened modestly against the U.S. dollar in mid-session trading on Friday, as investors fled to safe-haven assets following renewed tensions in the Middle East. The spot exchange rate reached 18.9314 pesos per dollar, up from yesterday’s official close of 18.9210, marking a 0.06% depreciation for the local currency.

Earlier in the session . . .

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