Peso continues to strengthen
Posted on AllSides March 3rd, 2023
From The Center
The Mexican peso appreciated on Friday to its strongest position against the U.S dollar in over five years, with one greenback buying just under 18 pesos at the close of trading. Bank of México (Banxico) data shows that one dollar was worth 17.97 pesos when North American markets closed, its weakest level against the Mexican currency since September 2017. The value of the dollar dipped to a slightly lower 17.95 pesos earlier in the day. Data shows that the peso appreciated 0.86% against the dollar on Friday and 2.33% this...
