PesoStrength

Argentines Embrace Home-Cooked Meals as Economic Policies Strengthen Peso

3 months ago

In a significant shift, many Argentines are opting to abandon dining out at restaurants, redirecting their resources towards home-cooked meals as the economic landscape evolves under the new leadership of Javier Milei. The transformation in behavior among consumers is rooted in the government's economic reform policies which are aimed at stabilizing the Argentine peso.

Surprising Growth: Mexico's Economy Outpaces Expectations in Q3

7 months ago

In a striking turn of events, Mexico's economy demonstrated resilience and growth, expanding at an unexpectedly high rate during the third quarter of 2024. Recent data released by national authorities revealed that the country's gross domestic product (GDP) grew 4.4% year-on-year, a figure that eclipsed analysts' forecasts and showcased Mexico's economic robustness amidst global uncertainties.

Mexican Peso Set to Gain as Political Uncertainty Subsides, Says UBS

8 months ago

This has been an encouraging development for the economic prospects of Mexico, as UBS forecast the strengthening of the Mexican peso, or USD/MXN. As the political uncertainty in the country slowly clears, the peso is seen to gain traction in the global currency market, according to analysts at UBS.