Puerto Vallarta News

Puerto Vallarta News

Mexican peso falls for third consecutive day due to Middle East concerns

The Mexican peso slipped 0.03% against the dollar Thursday for the third consecutive day as investors reacted to Middle East tensions and the U.S. Fed's steady rate decision.

The Mexican peso edged lower against the U.S. dollar on Thursday, pressured by growing geopolitical fears and global market uncertainty following the Federal Reserve’s latest monetary policy announcement.

According to official figures from the Bank of Mexico (Banxico), the peso closed the day at 19.0416 per dollar, slipping marginally from Wednesday’s close of 19 . . .

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