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Economy

The Superpeso is a Distant Memory: Why has the Peso Plummeted 16% Since June?

The once-celebrated 'superpeso' era has come to an abrupt end, as the Mexican peso continues its downward spiral in the wake of external volatility and...
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The Peso Continues Its Decline Thursday Morning Amid Dollar Strengthening and Judicial Reform Concerns

The Mexican peso fell on Thursday, reversing some of the gains it made the previous day, as the U.S. dollar strengthened globally in response to...
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End of the “Super Peso” Era: Mexican Currency Depreciates Amidst External and Internal Pressures

The era of the “super peso,” marked by the record appreciation of the Mexican currency, has come to an abrupt end, as external volatility and...
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Superpeso: Dollar Continues to Crush the Mexican Peso Amid Judicial Reform Concerns

The Mexican peso faced significant depreciation on Tuesday, with the retail dollar surpassing the 20 pesos ceiling, reaching 20.14 pesos for sale at CitiBanamex branches....
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Superpeso: Peso-Dollar Exchange Rate Depreciates Amid Global and Domestic Risk Aversion

The peso-dollar exchange rate opened the session with a depreciation of 0.69 percent, or 13.2 cents, trading at 19.24 pesos per dollar. The exchange rate...
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Superpeso: Mexican Peso Surges At Opening Following US Signaling Imminent Rate Cut

The Mexican peso made a significant comeback on Friday, following four consecutive sessions of losses, buoyed by remarks from Federal Reserve Chairman Jerome Powell. His...
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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...
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Superpeso: The Mexican Peso Falls More Than Any Other Currency in the World on Wednesday

The Mexican peso experienced its third consecutive day of losses on Wednesday, trading at 19.19 pesos per dollar, down 1.14% from the previous day's close,...
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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....
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Superpeso: Mexican Peso Gains Ground Against the Dollar as New Week Begins

Mexico City — The Mexican peso showed signs of strengthening as it entered the new trading cycle, following a weekend break that allowed the currency...
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Superpeso: Mexican Peso Poised to Gain Against Dollar After Turbulent Week

The Mexican peso is projected to strengthen against the U.S. dollar this week, continuing its recent trend driven by robust data from the U.S. economy....
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Superpeso: Mexican Peso Strengthens for Third Consecutive Day Thanks to Strong US Economy

Puerto Vallarta, Mexico - The Mexican peso extended its rally against the U.S. dollar for the third straight day on Thursday, August 15, 2024, driven...
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