Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Mexican peso slips to 19.01 per dollar amid rising tensions between Israel and Iran

The Mexican peso weakened 0.55% to close at 19.0145 per dollar on Tuesday, pressured by geopolitical tensions and market anticipation of the Fed's policy statement.

The Mexican peso weakened against the U.S. dollar on Tuesday, closing at 19.0145 per greenback after heightened geopolitical concerns and market jitters ahead of the Federal Reserve’s upcoming policy statement. The drop represented a 0.55 percent depreciation compared to Monday’s official close of 18.9114, according to data from the Bank of Mexico (Banxico).

The peso’s decline . . .

Read Full Story

Related Posts

peso today

Peso gains against dollar as inflation clouds path

The peso strengthened to around 17.35 per dollar on April 9, but hotter March inflation...
Mexican peso gains

Peso gains after U.S.-Iran ceasefire sends dollar lower

The peso strengthened early Wednesday after a U.S.-Iran ceasefire cut safe-haven demand for the dollar...
Mexican peso weakens

Mexican Peso Holds Near 18.10 as Pressures Persist

The peso opened the week near 18.10 per dollar, but inflation, rate cuts and global...
Mexican peso exchange rate

Peso weakens past 18 as markets weigh war and rates

The peso slipped past 18 per dollar after Banxico cut rates and global tensions lifted...