Puerto Vallarta, Mexico – Mexico has solidified its place as a world chief in cryptocurrency adoption, rating 14th in the most recent International Cryptocurrency Adoption Index revealed by blockchain analytics agency Chainalysis on Wednesday. This locations Mexico third amongst Latin American international locations, trailing behind Brazil, which is ranked tenth, and Venezuela, which holds thirteenth place. It is a two-spot enchancment for Mexico in comparison with the 2023 version of the report, the place it ranked sixteenth.
In style posts:
- August Sees Largest Drop in International Tourism at Mexico’s Top Tourist Destinations, Including Puerto Vallarta Puerto Vallarta, Mexico – August has marked a regarding turning level for Mexico’s main vacationer locations, displaying the most important decline in worldwide passenger site visitors this yr. In keeping with the most recent report from the Sustainable Tourism Superior Analysis Heart (STARC), worldwide passenger site visitors at key airports, together with Cancun, Puerto Vallarta, and Los Cabos, has contracted by…
- Tactical Group reinforces security in Vallarta Puerto Vallarta, Mexico — In an effort to boost security and deter prison exercise, the Tactical Operations Group (GOT) has elevated its presence in Puerto Vallarta. That is a part of a broader technique initiated by the Citizen Safety Fee geared toward curbing crime in key areas of the town via heightened surveillance and elevated police…
- Superpeso: How Peso Depreciation is Raising the Cost of Food, Technology, and Transportation in Mexico Puerto Vallarta, Mexico – In a current flip of occasions, the Mexican peso has confronted important depreciation towards the U.S. greenback, as the value of the greenback soared to over 21 pesos at Mexican banks. The interbank alternate fee, which is primarily used for closing contracts, exports, and debt transactions, additionally noticed the greenback climb…
- Dollar Crushes the Peso Surpasses 20 Peso Barrier Puerto Vallarta, Mexico – The alternate fee of the Mexican peso towards the US greenback has surged previous the 20 peso mark, reaching 20.11 pesos per greenback on Thursday, representing a depreciation of 0.87% in comparison with Wednesday’s closing worth. In the beginning of the buying and selling day, the greenback was quoted at 20.14 pesos, its highest…
- Peso Suffers Relapse in Afternoon With Weakest Peso in Two Years Puerto Vallarta, Mexico – The Mexican peso has been buying and selling above 20 models towards the U.S. greenback for the second consecutive day, as each inside and exterior components drive market fluctuations. On Friday, the peso reached 20.09 pesos per greenback on the wholesale market, following Thursday’s closing fee of 19.93 pesos per greenback. The depreciation…
- Mexican Peso Rebounds After Two-Year Low Amid Justice Reform Concerns and US Inflation Report Puerto Vallarta, Mexico – The Mexican peso appreciated on Wednesday following a steep decline, as issues concerning the implications of a controversial justice system reform and the influence of a US inflation report weighed on buyers. The foreign money recovered by 1.46%, closing at 19.8012 per greenback, in comparison with Tuesday’s weak end of 20.1470 models—the peso’s…
- Air Canada and Viva Aerobus Sign New Interline Agreement That Benefits Travel to Puerto Vallarta from Canada Air Canada and Viva Aerobus have introduced an interline settlement geared toward enhancing the connectivity between Canada and Mexico, offering Canadian vacationers better entry to Viva Aerobus’s intensive home community of 59 locations throughout Mexico. This partnership seeks to streamline journey for passengers by providing connections on a single ticket, enhancing each comfort and effectivity…
- Riviera Nayarit Rises as a Tourism Powerhouse with Major Hotel Developments Puerto Vallarta, Mexico – Whereas Puerto Vallarta has seen a stagnation in new tourism-related developments over the previous decade, the neighboring area of Riviera Nayarit is present process a big transformation, positioning itself as a key participant in Mexico’s booming tourism sector. With 14 new resorts presently underneath development, some backed by main international manufacturers, Riviera…
- Mexican Peso Gains at Opening on Better Than Expected Inflation Report Puerto Vallarta, Mexico – The Mexican peso appreciated on Monday as buyers reacted to native inflation information that got here in decrease than market expectations, whereas additionally maintaining an in depth eye on developments surrounding a controversial judicial reform. The home foreign money, MXN, was buying and selling at 19.8519 models per greenback, marking a 0.59% improve from Friday’s Reuters…
- Superpeso Struggles: Mexican Peso Opens Friday with Gains After US Jobs Report The Mexican peso gained floor on Friday because the U.S. greenback weakened broadly, following the discharge of lower-than-expected U.S. employment figures. This shift in market sentiment fueled rising expectations that the U.S. Federal Reserve could provoke an aggressive collection of rate of interest cuts this month. As of Friday, the Mexican peso (MXN=) was buying and selling at…