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Mexico News

Mexican Superpeso Starts to Lose the Super: Second Worst Losses in Global Currencies for 2024

Puerto Vallarta, Mexico - The Mexican peso, once lauded as a "superpeso," has faced significant depreciation in 2024, marking a tumultuous year for the national...
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Mexican Peso Opens With Losses for Third Day

Puerto Vallarta, Mexico - The Mexican peso opened at 20.44 pesos per US dollar in international markets, marking a depreciation of 0.17% or 3 cents...
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Mexican Peso Drops for Second Day, Closes at 20.44 per Dollar

Puerto Vallarta, Mexico - The Mexican peso continued its downward trajectory on Thursday, weakening against the U.S. dollar for the second consecutive day. The local...
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Mexican Peso Continues Losses at Opening, Trading 20.35 per US Dollar

The Mexican peso opened this Thursday at 20.35 pesos per US dollar in international markets, marking a depreciation of 0.47% or 10 centavos compared to...
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Rising Dollar Index Hits Mexican Peso Hard Today

Puerto Vallarta, Mexico – The Mexican peso is experiencing a depreciation against the U.S. dollar on Wednesday morning, driven by a stronger greenback and ongoing...
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Mexican Peso Defies Pressure, Closes at 20.11 Per Dollar

Puerto Vallarta, Mexico - The Mexican peso appreciated against the U.S. dollar on Tuesday, demonstrating resilience amid erratic trading influenced by global geopolitical tensions and...
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U.S. Targets Financial Network of Jalisco Cartel Allies in Nayarit with Sanctions

Puerto Vallarta, Mexico - In a decisive move against the Jalisco New Generation Cartel (CJNG), the United States Treasury Department has imposed sanctions on nine...
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Mexican Peso Depreciates Amid Volatile Overnight Trading, Awaits Inflation Report

Puerto Vallarta, Mexico - The Mexican peso opened in international markets at 20.31 pesos per dollar, marking a depreciation of 0.52%, or 10 cents, from...
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U.S. Ambassador to Mexico Says ‘There is a Very Big Problem’ With Violance and Corruption

Puerto Vallarta, Mexico - U.S. Ambassador Ken Salazar delivered sharp criticism Wednesday regarding Mexico’s approach to combating drug cartels, accusing the Mexican government of refusing...
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Mexico’s New President Submits Budget Cutting Military, Police, and Health by Nearly 40%, Prioritizes Social Programs

Mexico’s President Claudia Sheinbaum has unveiled the proposed Federal Expenditure Budget (PEF) for 2025, focusing heavily on social programs, housing construction, and infrastructure projects, particularly...
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Peso Appreciates 0.22% Against Dollar, Overcoming Rate Cuts and Credit Concerns

Puerto Vallarta, Mexico - The Mexican peso made significant gains against the US dollar on Friday, closing at 20.3811 pesos per dollar. This appreciation occurred...
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Mexican Peso Falls Against Dollar Amid Uncertainty Over 2025 Budget Proposal

Puerto Vallarta, Mexico - The Mexican peso experienced a decline against the U.S. dollar on Friday morning, marking a volatile start to the session. The...
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