Puerto Vallarta News

Puerto Vallarta News

Mexican Peso Plummets As Tariffs Loom, Markets Watch Peso Carefully

The U.S. dollar began trading higher in Mexico this morning, continuing last week’s upward trend. At 6:18 a.m. CDMX time, the greenback was quoted at 20.38 Mexican pesos—marking a 0.44% increase from yesterday’s close of 20.30 pesos.

Market watchers say the rise in the dollar comes amid growing uncertainty in the Mexican peso, which has been losing strength ahead of a critical policy shift. In just two days, the current pause on tariffs—specifically those impacting Mexican products under the so-called Student tariffs—will come to an . . .

Read Full Story

Related Posts

Mexican peso strengthens

Mexican peso appreciates amid dollar weakness and local inflation data

The Mexican peso strengthened against the U.S. dollar on the first trading day of the...
Mexican peso appreciates

Peso strengthens to 17.19 per dollar ahead of the Fed decision

Mexico’s peso holds near 17.19 per dollar, up slightly from yesterday’s close, as traders await...
peso today

Mexican peso holds steady as inflation ticks higher

The peso closed near 17.48 per dollar, steady under 17.50, as hotter Mexico inflation and...
Mexican peso appreciates

Mexican peso closes at 17.58 per dollar, best since mid-2024

The peso ended Monday at 17.58 per dollar, its strongest close since June 2024, as...