Puerto Vallarta News

Puerto Vallarta News

peso value

Mexico peso hits 3-month low, market expects more intervention

Mexico's peso slumped to a three-month low on Wednesday, with the speed of its recent tumble sparking speculation the central bank could soon intervene to try and cushion the currency's fall. The peso sank as much as 0.9 percent to 18.4510 per dollar, its weakest since February. …

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