Puerto Vallarta News

Puerto Vallarta 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

Vallarta residents threaten to dump trash at City Hall

Vallarta residents threaten to dump trash at City Hall

Red Ambiental cut some garbage routes over unpaid bills, and angry Vallarta residents threatened to...
Zapotec Tomb Found in Oaxaca Sheds Light on Ancient Culture

Zapotec Tomb Found in Oaxaca Sheds Light on Ancient Culture

A 1,400-year-old Zapotec tomb uncovered in Oaxaca is well-preserved with murals and carvings, shedding new...
White pelicans return to Texcoco after 15-year absence

White pelicans return to Texcoco after 15-year absence

After 15 years, American white pelicans return to Texcoco’s restored wetlands, a sign Lake Texcoco’s...

National Guard Protects Monarch Butterfly Sanctuary

Mexico has stationed 300 National Guard members in the Monarch Butterfly Biosphere Reserve, teaming with...