Puerto Vallarta News

Puerto Vallarta News

mexico interest rates

Mexico’s peso reels from Trump’s improving poll numbers

On Tuesday morning, Mexico's peso was selling on average at 19.45 per dollar in banks. Mexico's central bank says the peso's interbank rate closed at 18.90 the day before.

The currency has been roughed up in 2016, losing nearly 10 percent of its value. Some of the volatility has appeared to track Trump's campaign success. The Republican presidential candidate speaks harshly of Mexican immigrants, promises to build a wall along the border and wants to renegotiate the North American Free Trade Agreement.

An analysis by the Banco Base financial group published Tuesday says new . . .

Read Full Story

Related Posts

August sargassum forecast challenges Riviera Maya tourism

Early Sargassum Forecast Raises 2026 Mexico Beach Alarms

Satellite-based projections suggest sargassum could arrive by late winter and surge in 2026, putting Quintana...
Vallarta residents threaten to dump trash at City Hall

Vallarta residents threaten to dump trash at City Hall

Red Ambiental cut some garbage routes over unpaid bills, and angry Vallarta residents threatened to...
Zapotec Tomb Found in Oaxaca Sheds Light on Ancient Culture

Zapotec Tomb Found in Oaxaca Sheds Light on Ancient Culture

A 1,400-year-old Zapotec tomb uncovered in Oaxaca is well-preserved with murals and carvings, shedding new...
White pelicans return to Texcoco after 15-year absence

White pelicans return to Texcoco after 15-year absence

After 15 years, American white pelicans return to Texcoco’s restored wetlands, a sign Lake Texcoco’s...