Relatively high interest rates, close proximity to the U.S., and vast petroleum reserves are all factors that contribute to the liquidity of the Mexican peso.
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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
Puerto Vallarta, Mexico - The Mexican peso extended its losing streak on Thursday, marking its third consecutive session of declines against the US dollar. The currency opened trading at 20.4719 pesos ...
(Shutterstock) The Mexican peso depreciated in early trading on Tuesday, losing ground against the US dollar for a fourth consecutive day as 2024 comes to a close. After closing at 20.66 to the ...
Ahead of the election, the Mexican currency traded in April at about 16.26 pesos per dollar to reach a nine-year high. The election win for Morena paved the way for passage of constitutional ...