Tag

Economy

Super Peso Continues to Fall Against U.S Dollar

In the early hours of today's market session, the US dollar opened trading at an average of 18.80 Mexican pesos. This marked an increase of...
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Mexico’s Energy Independence Dreams Threatened by Crude Production Decline

Puerto Vallarta, Mexico - As Mexico prepares for the transition of power to its incoming president, Claudia Sheinbaum, a pressing challenge looms on the horizon:...
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Mexican Peso Posts Second Consecutive Week of Losses Amid Anticipation of Fed Decision

The Mexican peso is on track to post its second consecutive week of losses against the U.S. dollar as traders focus on the U.S. Federal...
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Not So Super Peso: Mexican Peso Decline Continues With Robust US Economic Data

The Mexican peso continued its downward trend for the third consecutive day on Thursday, driven by a pronounced aversion to risk as investors processed robust...
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Say Goodbye to the Super Peso, US Dollar Closes at 18.36 Pesos Amid Economic Forecasts for 2024

Puerto Vallarta, Mexico – In the latest currency exchange developments, the US dollar closed at 18.36 pesos, marking a notable change of 1.21% from the...
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Inflation in Mexico Continues to Accelerate

Puerto Vallarta, Mexico - In June, consumer inflation in Mexico continued its upward trajectory, marking the fourth consecutive month of acceleration and remaining outside the...
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Vallarta Restaurants Struggle with Inflation-Induced Price Increases

Puerto Vallarta, Mexico – In response to rising inflation, restaurants in Puerto Vallarta and the Riviera Nayarit have been compelled to increase the prices of...
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Mexican Peso Continues to Fall Amid Volatile Session

Puerto Vallarta, Mexico – The Mexican peso experienced a significant decline on Thursday during a session marked by high volatility. The local currency lost ground...
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Bank of Mexico Maintains Interest Rate at 11% Amid Inflation Concerns

Puerto Vallarta, Mexico — The governing board of the Bank of Mexico (Banxico) decided on Thursday to keep the interbank funding rate unchanged at 11.0...
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Tourism in Puerto Vallarta Generated One Billion Dollars During the First Five Months of the Year

Puerto Vallarta, Mexico—During the first five months of this year, Puerto Vallarta emerged as a major economic driver for the state of Jalisco, receiving a...
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Mexican Peso Depreciates Sharply Amid Dollar Strengthening and Economic Uncertainty

Puerto Vallarta, Mexico – The Mexican peso experienced a significant depreciation on Wednesday, driven by the strengthening of the US dollar and anticipation of crucial...
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Inflation in Mexico Rises in Early June, Reaching Highest Level Since February

Puerto Vallarta, Jalisco – Inflation in Mexico continues its upward trend, with the National Consumer Price Index (INPC) reaching 4.78% annually in the first half...
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