Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Mexico’s foreign reserves rise by $364 mn

Gold and foreign currency reserves rose in the week ending Oct. 10 mainly due to a rise in the value of the central bank's foreign assets.

Reserves have grown by $14.31 billion since Jan. 1, the Bank of Mexico said in a statement.

The M1 money supply, which includes currency, coins and demand deposits, contracted by 3.72 billion pesos (about $277 million) to 889.39 billion pesos (some $66.22 billion) last week, the central bank said.

The money supply has contracted by 28.48 billion pesos ($2.12 billion) since Jan. 1 . . .

Read Full Story

Related Posts

Puerto Vallarta beaches on alert as mar de fondo builds

Puerto Vallarta warned of rough surf on March 25 as mar de fondo raised wave...
Why 250 kilos of seafood were held in Puerto Vallarta

Why 250 kilos of seafood were held in Puerto Vallarta

Navy personnel and Conapesca held 250 kilos of seafood in a Puerto Vallarta market after...

Canadian man found dead inside Puerto Vallarta condo

Police and forensic personnel responded after a Canadian man was found dead in an Emiliano...
Mexico enters democratic gray zone in global report

Mexico enters democratic gray zone in global report

V-Dem’s 2026 report says Mexico now sits on the line between electoral democracy and autocracy...