Puerto Vallarta, Mexico - In a recent turn of events, the Mexican peso has faced significant depreciation against the U.S. dollar, as the price of the dollar soared to over 21 pesos at Mexican banks. The interbank exchange rate, which is primarily used for closing contracts, exports, and debt transactions, also saw the dollar climb above 20 pesos. Experts have attributed this fluctuation to the economic uncertainty triggered by the ongoing judicial reform discussions in Congress.
The rise in the value of the dollar has raised alarm among financial analysts and economists, who are warning of the . . .
Already a Subscriber? Login Here