Puerto Vallarta, Mexico - The Mexican peso slipped against the U.S. dollar on Wednesday morning, pressured by a stronger greenback as investors exercised caution just hours before the Federal Reserve’s (Fed) highly anticipated monetary policy announcement.
According to official data from the Bank of Mexico (Banxico), the spot exchange rate stood at 20.0113 pesos per dollar. This marks a loss of 7.65 cents—or 0.38 percent—compared to Tuesday’s closing price of 19.9348 pesos.
Trading data indicate the dollar’s price moving in a range of 19.9018 to . . .
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