Peso Declines Amid Lower-than-Expected September Inflation Data and Anticipation of U.S. Fed Minutes

Puerto Vallarta, Mexico - The Mexican peso continued its downward trend on Wednesday as it fell to 19.41 per dollar, marking a 0.41% decline from Tuesday’s benchmark rate set by Reuters. The peso’s depreciation comes amid lower-than-expected inflation data for September, with markets bracing for insights from the latest Federal Reserve meeting minutes, set to be released later in the day.

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