Puerto Vallarta, Mexico – The Mexican peso experienced a decline against the US dollar on Monday morning as the local currency enters the week in negative territory. This movement is attributed to a strengthening of the greenback, fueled by anticipation of key economic indicators from the United States. The peso began trading at 19.3616 units per dollar, a noticeable decrease from Friday’s official closing rate of 19.2870 units, according to the Bank of Mexico (Banxico). This decline reflects a loss of 7.46 cents or 0.39 percent.
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Mexican Peso Depreciates as Market Awaits Inflation Data from Mexico and the U.S. The Mexican peso experienced a depreciation against the U.S. dollar early Tuesday, marking its second consecutive session in decline. The currency’s dip is largely attributed to investor anticipation of upcoming inflation reports from both Mexico and the United States, which are expected to influence monetary policy decisions in the near term. At the latest spot…
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Mexican Peso Depreciates for Fourth Consecutive Session Amid Economic Uncertainty The Mexican peso continued its losing streak against the U.S. dollar on Thursday, marking its fourth consecutive session of depreciation amid investor anticipation surrounding the Bank of Mexico’s latest policy minutes and recently released U.S. inflation data. As of Thursday morning, the peso’s exchange rate stood at 19.5331 per dollar, marking a slight depreciation from…
