Puerto Vallarta News

Puerto Vallarta News

Peso exchange rate nears 19 and squeezes US tourists and expats

The peso exchange rate closed at 19.0424 per dollar, up 0.33%, and US tourists and expats now get fewer pesos per dollar, squeezing their Mexico budgets.

The Mexican peso logged a firm gain against the US dollar today, closing at 19.0424 pesos per dollar, up 0.33 percent from Friday’s 19.1054 level, according to data from the Bank of Mexico (Banxico). That move represented a 6.3-cent advance in the peso’s value over the previous trading session. Traders . . .

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