SELECT LANGUAGE BELOW

Mexican Peso Declines for Third Consecutive Day Amid Global Dollar Rally and Market Volatility – Puerto Vallarta Daily News

PUERTO VALLARTA, Mexico – The Mexican peso fell for a third straight day on Friday, reacting to a rise in the U.S. dollar after the Bank of Japan kept interest rates unchanged and offered an optimistic outlook for the economy. The peso was trading at 19.3391 pesos per U.S. dollar, down 0.20 percent compared with the Reuters reference price on Thursday. The Mexican currency has lost 0.80 percent overall this week.

Popular Posts:

  • US cuts interest rates by 0.5%: what it means for the Mexican peso and foreigners in Mexico Puerto Vallarta, Mexico – The U.S. Federal Reserve today announced a widely expected move to cut interest rates by 0.5 percentage points, marking a major shift in monetary policy aimed at stimulating economic activity amid concerns about slowing growth. The immediate impact of the decision will be felt in financial markets and the broader economy, but…
  • PesoIs the super peso back? Mexican peso hits 17-day high on Thursday The Mexican peso hit a two-week high on Thursday, buoyed by a weaker U.S. dollar after U.S. macroeconomic data suggested the Federal Reserve may start lowering credit costs starting next week. The peso rose 1.62%, or 32.11 cents, to close at 19.4724 pesos.
  • Puerto Vallarta International Airport Wins Prestigious Award for Inclusive TourismDo Americans hate Mexico? The truth behind Mexico's decline in tourists The Center for Advanced Studies on Sustainable Tourism (STARC) at Anahuac University in Cancun has expressed concern that Mexico's tourism industry will face tough times as 2024 approaches. The center predicts fewer available airplane seats and fewer international and domestic flights, which will particularly affect Mexico's top beach resorts such as Cancun, Los Cabos and Puerto Princesa.
  • Garbage Puerto VallartaThe dark side of Puerto Vallarta's tourism boom: 650 tons of trash left on the streets PUERTO VALLARTA, Jalisco – Puerto Vallarta’s ongoing trash collection crisis intensified over the weekend, with dozens of neighborhoods reporting no collection service at all. Residents of areas such as Volcanes, Ecoterra, Uniba, Palmar de Aramara, Ixtapa, Las Juntas, and several other communities said they haven’t seen a trash truck since last month.
  • PesoMexican Peso Makes Surprise Comeback – See What Happened Behind Its 4.73% Rise PUERTO VALLARTA, Mexico – The Mexican peso strengthened slightly against the U.S. dollar on Tuesday, closing at 19.1399 pesos per dollar, reflecting an increase of 0.39 percent, or 7.43 cents, compared to last Friday's close. Data released by the Bank of Mexico (Banxico) highlights the currency's consistent appreciation and strengthening.
  • Dia del Charros Puerto VallartaMexican Independence Day Celebrations in Puerto Vallarta: Find Out About Parades, Events, and Road Blockades Puerto Vallarta is preparing for a series of patriotic events to mark Mexican Independence Day, which will take place over the long weekend of September 14-16. These celebrations will include a variety of cultural activities around the city's downtown, including the Charro Parade and the Militia Parade. …
  • Red Flag Puerto VallartaCivil Defense issues red flag warnings for 19 Puerto Vallarta beaches following Tropical Storm Ileana Puerto Vallarta, Jalisco – In response to the dangerous conditions caused by Tropical Storm Ileana, the Puerto Vallarta Civil Defense has issued a red flag warning for 19 public beaches along the city’s coast. The move is part of a broader effort by city officials to ensure the safety of beachgoers and residents alike, and is intended to…
  • Puerto Vallarta LettersAmerican retiree describes complicated experience after moving from Texas to Puerto Vallarta PUERTO VALLARTA, Mexico – Mexico continues to see an influx of U.S. migrants as more Americans move south in search of new experiences, a more relaxed lifestyle or, in some cases, a way to tap into their retirement savings. Geary Bartmess, a former attorney who lived in Texas for 35 years, said…
  • Mexican PesoMexican peso falls as US Federal Reserve cuts interest rates The Mexican peso opened slightly lower on Thursday following the US Federal Reserve's decision to cut interest rates, sending a shift in global financial markets. The Mexican peso is trading at 19.30 pesos per dollar as of September 19, 2024, as investors continue to react to the Fed's monetary easing measures.
  • Puerto Vallarta loses three Blue Flag beachesTwo Puerto Vallarta beaches recertified for Blue Flag status for 2024-2025 season Puerto Vallarta, Jalisco – The Westin and Marriott resort hotels in Puerto Vallarta have successfully recertified their Blue Flag certification for the 2024-2025 season, marking the second consecutive year that these hotels have achieved this prestigious environmental certification. Unfortunately, the number of Blue Flag beaches in the city is decreasing, with some losing their certification…

Facebook
Twitter
LinkedIn
Reddit
Telegram
WhatsApp

Related News