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 . . .

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