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

Mexican New Year rituals

Mexican New Year rituals that set the tone for 2026

From grapes and colored underwear to suitcases and lentils, these Mexican New Year rituals are...
Day of the Innocents

Day of the Innocents 2025: Meaning and date in Mexico

Day of the Innocents lands on Dec. 28, 2025. It began as a Catholic remembrance...
Mahahual palapa fire

Mahahual palapa fire leaves Costa Maya businesses reeling

Suspected arson in Mahahual destroyed about 250 beach palapas before dawn. A man was arrested...
Cancún taxi fares

Cancún taxi fares spike as some rides hit 500 pesos

Cancún taxi fares are drawing fresh complaints as locals report holiday surcharges, short trips priced...