Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico 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. The peso has lost nearly 7 percent this month, making it the second worst performer among the world's 36 most-traded currencies, behind the South African rand.

A prominent group of Mexican economists on Tuesday said the peso was under a speculative attack, and analysts said the . . .

Read Full Story

Related Posts

morning coffee news

Puerto Vallarta Coffee Break News for March 17, 2026

March 17 brief: air quality and heat, new Las Palmas road closure, cruise-day crowds, beach...
puerto vallarta blackout

Puerto Vallarta braces for major power outage Thursday

CFE plans an eight-hour outage on March 19 across Puerto Vallarta hotel zones, Conchas Chinas...
Cancun car-free Sundays draw crowds on the waterfront

Cancun car-free Sundays draw crowds on the waterfront

Cancún’s weekly Paseo Cancunense turned Bonampak and Malecón Tajamar into a car-free route for walking,...
Mexico Power Shortages Are Already Delaying Projects

Mexico Power Shortages Are Already Delaying Projects

Electricity shortages are slowing factories, housing and city growth in Mexico, even as investment plans...