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

Why Vallarta Is Planning a 900 Million Peso Water Fix

SEAPAL wants more than 900 million pesos for new intake and treatment works linked to...
Chapala Rental Squeeze Deepens Across Lakeside Market

Chapala Rental Squeeze Deepens Across Lakeside Market

New data places Chapala among Jalisco’s priciest rental markets, with Ajijic standing out as affordability...
Mérida moves to bring mototaxis under clearer rules

Mérida moves to bring mototaxis under clearer rules

Yucatán has launched a commission to regulate mototaxis in Mérida, targeting safer service, insurance, pricing...
peso today

Peso gains against dollar as inflation clouds path

The peso strengthened to around 17.35 per dollar on April 9, but hotter March inflation...