Puerto Vallarta News

Puerto Vallarta News

Superpeso: How Peso Depreciation is Raising the Cost of Food, Technology, and Transportation in Mexico

Puerto Vallarta, Mexico - In a recent turn of events, the Mexican peso has faced significant depreciation against the U.S. dollar, as the price of the dollar soared to over 21 pesos at Mexican banks. The interbank exchange rate, which is primarily used for closing contracts, expo…

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