Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Superpeso Rollercoaster: Mexican Peso Depreciates Amid Weak Retail Sales Report

Puerto Vallarta, Mexico – The Mexican peso is experiencing a depreciation against the U.S. dollar this Tuesday morning, marking the second consecutive day of decline. This downward trend follows the release of a weaker-than-expected report on retail sales in Mexico and growing anticipation of comments from two key members of the U.S. Federal Reserve later today.

Read Full Story

Related Posts

German diver rescued after emergency near Cabo Arch

German diver rescued after emergency near Cabo Arch

Navy crews rescued and stabilized a 55-year-old German diver after a suspected pulmonary emergency near...
Puerto Vallarta Says Hotel Bookings Hold Steady

Puerto Vallarta Says Hotel Bookings Hold Steady

Puerto Vallarta says hotel cancellations have not surged after February violence, though short-term rentals slipped...
Oil, gas and the dollar rise as volatility returns

Peso slips as oil and dollar rise on conflict signals

Oil and gas climbed and the dollar strengthened as Middle East headlines revived risk-off trading,...
Cancún weighs offshore barges to intercept sargassum

Cancún weighs offshore barges to intercept sargassum

Cancún officials are looking beyond shoreline rakes and tractors as early sargassum arrivals test the...