Puerto Vallarta News

Puerto Vallarta News

Peso edges higher as U.S.–China trade hopes and upbeat IGAE data lift sentiment

Puerto Vallarta, Mexico - The Mexican peso firmed marginally against the U.S. dollar in early Friday trading, buoyed by renewed optimism over Sino-American trade talks and a stronger-than-expected reading on domestic economic activity.

The spot rate opened at 19.5745 pesos per dollar, a gain of 0.03 % from Thursday’s official close of 19.5809, according to Bank of Mexico (Banxico) data. Intraday quotes have oscillated between a high of 19.6898 and a low of 19.5631, reflecting cautious mood ahead of the weekend.

Meanwhile, the U . . .

Read Full Story

Related Posts

Mexican peso gains

Mexican peso gains as shutdown vote lifts risk mood

Mexican peso gains as House prepares to vote on ending the U.S. shutdown, with traders...
Mexican peso today

Mexican peso today climbs as shutdown deal advances

Mexican peso today gains as the Senate passes a bill to end the 41-day shutdown,...
Mexican peso gains

Mexican peso gains as shutdown hopes lift risk rally

Mexican peso gains as investors cheer Senate progress on ending the U.S. shutdown, with USD/MXN...
Mexican peso today

Mexican peso today climbs as dollar dips on soft data

Mexican peso today firmed near 18.47 per dollar as a weaker dollar and cooler inflation...