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

Puerto Vallarta maps storm plans before rains arrive

Puerto Vallarta installs storm council before rainy season

Puerto Vallarta installed its Civil Protection council to coordinate shelters, evacuation routes and storm response...
Mexico Sends Another Aid Ship to Cuba Amid Pressure

Mexico Sends Another Aid Ship to Cuba Amid Pressure

Mexico confirmed another humanitarian aid ship for Cuba as Sheinbaum renewed opposition to the U.S....
EU Trade Pact With Mexico Moves Closer to Approval

EU Trade Pact With Mexico Moves Closer to Approval

EU countries approved the next step for a modernized Mexico pact covering trade, security, climate,...
Five Wild Axolotls Found in Mexico City Wetland

Altiplano axolotl found again in protected Mexico City wetland

Five Altiplano axolotls were found in Lago Tláhuac-Xico, giving conservation teams new data on a...