Puerto Vallarta News

Puerto Vallarta News

Mexican Peso Rebounds After Two-Year Low Amid Justice Reform Concerns and US Inflation Report

Puerto Vallarta, Mexico - The Mexican peso appreciated on Wednesday following a steep decline, as concerns about the implications of a controversial justice system reform and the impact of a US inflation report weighed on investors. The currency recovered by 1.46%, closing at 19.8012 per dollar, compared to Tuesday’s weak finish of 20.1470 units—the peso’s lowest point in almost two years. The recovery came just as the Mexican Senate advanced a constitutional amendment to the justice system, heightening market uncertainty.

Related Posts

Panama Los Cabos route

Tourism hopes ride on new Panama – Los Cabos route link

Copa’s new Panama - Los Cabos route will run three times a week from December...
San Miguel theater festival

San Miguel theater festival starts with Corazon Gordito

Querétaro troupe La Gaviota Teatro opened San Miguel’s 13th Teatral festival at Teatro Ángela Peralta...
Cancún Christmas roundabouts

Cancún Christmas roundabouts turn traffic into a festival

Cancún lights eight key roundabouts and a full slate of holiday events, turning everyday intersections...
Cabo del Este micro destination

Cabo del Este micro destination plan tests Los Cabos

Los Cabos wants Cabo del Este branded as a low-impact micro destination, balancing new tourism...