Puerto Vallarta News

Puerto Vallarta News

Superpeso: Peso Continues Decline Amid Rising Dollar and Domestic Economic Concerns

The Mexican peso experienced its fourth consecutive day of losses on Thursday, as the U.S. dollar strengthened globally and local economic indicators added to the pressure on the currency. By midday, the peso was trading at 19.41 per dollar, reflecting a 0.74% decline from Wednesday’s Reuters reference price. The peso's downturn is further compounded by investor apprehension over President Andrés Manuel López Obrador's proposed judicial reforms, …

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