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

the real mexico

If you love Mexico, don’t romanticize it. Respect it.

This opinion piece critiques romantic expat content about Mexico and calls for honesty about privilege,...
Mexico New Year rituals

Mexico New Year rituals with grapes and suitcases tonight

Mexico New Year rituals mix 12 grapes, suitcase runs, sweeping, and color-coded underwear—superstition that doubles...
territorial security approach

Territorial security approach in Mexico meets adaptive cartels

Mexico’s territorial security approach can calm hotspots, but cartels adapt fast, shifting violence and extortion...
Order Food in Mexico

Order Food in Mexico Without Sounding Like a Tourist

Use small, polite Spanish phrases, steady rhythm, and the right “por favor” to order smoothly...