Weather in Puerto Vallarta and Banderas Bay Today, August 13 (2024)

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Superpeso Falls Again: Mexican Peso Falls Against the Dollar as Markets Await Key U.S. Inflation Data Mexico City—The Mexican peso experienced a decline against the U.S. dollar on Monday morning, ending a three-day streak of gains. The depreciation comes as the market braces for crucial inflation data from the United States, which could have significant implications for monetary policy and economic outlooks on both sides of the border. As of the…
Superpeso Gains: Mexican Peso Gains Ground Against The Dollar; Awaiting Bank of Mexico Announcement Puerto Vallarta, Mexico - The Mexican peso opened trading on Thursday with an appreciation of 0.72%, positioning it at 19.14 pesos per dollar in international markets. This rise, which marks a gain of 14 cents compared to the previous day, occurs amidst a backdrop of market volatility during the overnight session, characterized by a downward…
Good Morning Superpeso: Mexican Peso Strengthens Against Dollar Amid Positive Economic Indicators Mexico City — The Mexican peso has shown resilience in international markets, opening at 18.85 pesos per dollar today. This marks an appreciation of 0.05% or one cent compared to the previous day's closing, as reported by Bloomberg. The currency's performance reflects an upward trend after recent volatility, bolstered by the Bank of Mexico's unexpected…
President López Obrador Announces Completion of Guadalajara-Puerto Vallarta Short Route Before End of Term Puerto Vallarta, Mexico - President Andrés Manuel López Obrador announced that the final section of the Guadalajara-Puerto Vallarta short route will be completed and inaugurated before the conclusion of his administration. This announcement came during his recent visit to the neighboring state of Nayarit, where he inaugurated the penultimate section of the route, greatly enhancing…
Superpeso: Mexican Peso Strengthens as U.S. Inflation Moderates, Boosting Expectations of Fed Rate Cut The Mexican peso showed significant strength on Wednesday morning, advancing against the U.S. dollar following news that inflation in the United States had slowed its pace last month. This development has bolstered market expectations that the Federal Reserve (Fed) might cut its interest rates in September, providing a favorable outlook for the Mexican currency. As…
Puerto Vallarta Police Remove Homeless People From Beach Puerto Vallarta, Mexico - In a recent operation aimed at maintaining public order and ensuring the safety of one of Puerto Vallarta's busiest beaches, the Citizen Security Police Station has dismantled several improvised camps occupied by homeless individuals at Holi Beach. The action was spearheaded by Deputy Director of Operations, Carlos Humberto Arce Villaseñor, who,…
Puerto Vallarta is Set to Break Historic Hotel Occupancy Records Puerto Vallarta, Jalisco - During the current summer vacation period, Puerto Vallarta, the main tourist destination in Jalisco, has experienced a significant increase in hotel occupancy, reaching 78.6%. This figure is notably higher than the 70.5% recorded during the same period last year, marking a positive trend for the local tourism industry. According to Luis…
Superpeso: Mexican Peso Strengthens Against Dollar Amid Positive Economic Data from the U.S. The Mexican peso is experiencing gains against the U.S. dollar in Tuesday morning trading, buoyed by lower-than-expected producer price index (PPI) data from the United States, which is bolstering investor confidence. As of the morning, the spot exchange rate stands at 19.0350 pesos per dollar, reflecting an improvement of 4.94 cents, or 0.26 percent, compared…
Superpeso Ends Week Positive: Mexican Peso Strengthens Against US Dollar The Mexican peso appreciated against the US dollar for the third consecutive day, driven by reduced market nervousness about the US economy and a recent cut in local interest rates. This movement resulted in a notable weekly gain for the peso. The exchange rate closed the day at 18.8289 pesos per dollar, a significant improvement…
Catastrophic Coral Bleaching Devastates Marietas Islands’ Reef Amid Rising Sea Temperatures Puerto Vallarta, Mexico – A staggering 90% of the coral reef surrounding the Marietas Islands has perished due to an unprecedented increase in sea temperatures, primarily driven by the El Niño phenomenon in 2023. The alarming findings were reported by Amílcar Cupul, a researcher at the Marine Ecology Laboratory of the Centro Universitario de la…