Currency Update: Mexican Peso

Today the Mexican Peso is trading at $ 12.38 MXN to $ 1 USD.


Recent economic news:

• Analysts lowered their forecast for growth next year to 3.46% (originally 3.52%)
• The Mexican economy grew 5.3% in the 3rd quarter (above projections of 5%)
• Mexican unemployment holds at 5.7% in October
• October remittances to Mexico rose 2.1% year over year