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

Magnicharters Suspension Pushes Sectur Into Action

Magnicharters Suspension Pushes Sectur Into Action

Sectur is coordinating rebooking options and Profeco complaint channels after Magnicharters suspended flights, affecting travelers...
Mexico’s Real Estate Tech Race Gets a Bigger Startup Push

Mexico’s Real Estate Tech Race Gets a Bigger Startup Push

Startup México and PropTech Latam launched an alliance to back real estate tech ventures, starting...
Culiacán ranch becomes symbol of Sinaloa Cartel fracture and Rocha case

Culiacán ranch becomes symbol of Sinaloa Cartel fracture and Rocha case

A Culiacán ranch tied to El Mayo Zambada’s abduction now sits at the center of...
FIFA reveals Mexico opening ceremony artists

FIFA reveals Mexico opening ceremony artists

FIFA confirmed the artists and cultural plan for Mexico’s World Cup opening ceremony before Mexico...