Puerto Vallarta News

Puerto Vallarta News

Peso Gains on Wednesday as US Economy Shows Weakness and Unsustainable Tariffs

Puerto Vallarta, Mexico - The Mexican peso bounced back on Wednesday, recovering some of the losses caused by newly announced U.S. tariffs that had driven the currency to its weakest level since mid-2022. The peso was trading around 20.41 per U.S. dollar, about 0.5% stronger on the day, nearly reaching levels seen late last week. The brief rally co…

Related Posts

Parque Oaxaca mall

Goodbye Misión de los Ángeles as Parque Oaxaca mall breaks ground

Parque Oaxaca mall breaks ground on the former Misión de los Ángeles site with a...
Mexico IMF forecast

Mexico IMF forecast keeps growth under 2 percent to 2027

The Mexico IMF forecast puts 2025 growth near 1% and 2026 at 1.5%, with GDP...
Mexican peso gains

Why traders quietly bought pesos while everyone watched the Fed

Mexican peso gains after Banxico’s close near 18.39 per dollar, as hopes for a U.S.–China...
costco

Costco Playa del Carmen sparks buzz in expansion push

Costco Playa del Carmen is confirmed for the Riviera Maya as part of a broader...