Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Peso surges as investors see Trump campaign struggling

The Mexican peso, which has been pressured since May by Trump's promises to clamp down on immigration and rethink trade relations, surged as markets trimmed the chances of a victory for the Republican nominee in next month's elections.

The Mexican currency rose about 2 percent to 18.91 to the U.S. dollar in early Asian trade -- its highest level in nearly a month -- and held on to the bulk of its gains after the second presidential debate between Trump and Democrat Hillary Clinton.

It last stood at 19.018, still up about 1.5 percent.

The peso . . .

Read Full Story

Related Posts

Royal Caribbean Mahahual Plan Clears Key Court Hurdle

Royal Caribbean Mahahual Plan Clears Key Court Hurdle

A court ruling lifts one legal brake on Royal Caribbean’s Mahahual project, but environmental review...
Puerto Vallarta Hosts 36th International Sports Classic

Puerto Vallarta Hosts 36th International Sports Classic

Puerto Vallarta’s 36th International Sports Classic brings basketball, soccer, tennis and a Sunday charity run...
Cancún Police Certification Plan Seeks Public Trust

Cancún Police Certification Plan Seeks Public Trust

Cancún is advancing a police certification process focused on training, protocols, oversight and professional standards.
Posadas Plans 1,000 Rooms for Riviera Cancún

Posadas Plans 1,000 Rooms for Riviera Cancún

Grupo Posadas plans a 1,000-room Riviera Cancún complex, adding another major resort project to Mexico’s...