Puerto Vallarta News

Puerto Vallarta News

The Peso Continues Its Decline Thursday Morning Amid Dollar Strengthening and Judicial Reform Concerns

The Mexican peso fell on Thursday, reversing some of the gains it made the previous day, as the U.S. dollar strengthened globally in response to unexpectedly positive economic data from the United States.

As of Thursday morning, the peso was trading at 19.7515 per U.S. dollar, representing a 0.56% decline from the Reuters reference price on Wednesday, when the currency had appreciated by 0.55%. The currency's performance has been volatile this week, marked by a cumulative loss of 3.4%, largely driven by concerns over a proposed judicial reform by President . . .

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