Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico 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

Santa Cruz Entrance Upgrade Takes Shape Before May 3

Santa Cruz Entrance Upgrade Takes Shape Before May 3

Chapala has started upgrading Santa Cruz de la Soledad’s entrance and bus stop before May...
Bahía de Banderas Warns of Trash Burning and Fires

Bahía de Banderas Warns of Trash Burning and Fires

Bahía de Banderas officials warned that burning trash or dry brush can quickly spread, damage...
Puerto Vallarta Trains Neighborhood Leaders on Dengue

Puerto Vallarta Trains Neighborhood Leaders on Dengue

Puerto Vallarta health officials are training neighborhood coordinators to find breeding sites and help residents...
New Mismaloya Pier Could Lift Vallarta’s South Shore

New Mismaloya Pier Could Lift Vallarta’s South Shore

Puerto Vallarta’s new Mismaloya pier could improve maritime access, aid tourism and fishing, and strengthen...