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Economy

Peso Today: Mexican Peso Continues With Two-Year Lows Selling Above $20.00 Pesos

Puerto Vallarta, Mexico - As of today, September 7, 2024, the Mexican peso continues its downward trend against the US dollar, with the interbank exchange...
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Peso Suffers Relapse in Afternoon With Weakest Peso in Two Years

Puerto Vallarta, Mexico - The Mexican peso has been trading above 20 units against the U.S. dollar for the second consecutive day, as both internal...
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Superpeso: How Peso Depreciation is Raising the Cost of Food, Technology, and Transportation in Mexico

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...
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Superpeso Struggles: Mexican Peso Opens Friday with Gains After US Jobs Report

The Mexican peso gained ground on Friday as the U.S. dollar weakened broadly, following the release of lower-than-expected U.S. employment figures. This shift in market...
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Superpeso Stumbles: Mexican Peso Surpasses Argentine Currency as World’s Weakest

Puerto Vallarta, Mexico - Mexico’s once-dominant currency, the superpeso, has been knocked off its strong position, losing ground against the U.S. dollar for two consecutive...
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Dollar Crushes the Peso Surpasses 20 Peso Barrier

Puerto Vallarta, Mexico - The exchange rate of the Mexican peso against the US dollar has surged past the 20 peso mark, reaching 20.11 pesos...
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Peso Extends Losses Wednesday Morning After Approval of Judicial Reform in Mexico’s Chamber of Deputies

Puerto Vallarta, Mexico - The Mexican peso extended losses on Wednesday morning after the Chamber of Deputies approved, in general terms, a controversial judicial reform...
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The Mexican Peso Closes Another Day of Loses Today

Puerto Vallarta, Mexico - The Mexican peso closed trading on Tuesday with notable losses, reflecting increased investor nervousness surrounding the ongoing discussion of a controversial...
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Mexican Peso Faces Continued Decline as Key Events Loom: Four Factors to Watch

The Mexican peso has been on a downward trend for the past three months, and experts predict that this decline could continue until the end...
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The Mexican Peso Weakens and it’s a Bad Time to Invest in Mexico According to Analysts

The economic outlook for Mexico in 2024 has taken another hit as private sector analysts have once again downgraded their growth expectations. According to a...
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End of the Superpeso Continues in September as the Mexican Peso Continues Losing Streak

Puerto Vallarta, Mexico - The Mexican peso continues its decline on Monday, driven by growing concerns over a controversial judicial reform that could soon be...
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Peso Crash: Mexican Peso Ends August as the Most Depreciated Global Currency With Three Month Losing Streak

Puerto Vallarta, Mexico - The Mexican peso experienced a significant depreciation in August, closing the month at approximately 19.71 pesos per U.S. dollar in international...
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