A strong peso, a weaker dollar: Who wins and who loses at the border

MCALLEN, Texas (ValleyCentral) — The Mexican peso has reached its strongest level in nearly two years, trading at around 17 pesos per U.S. dollar, and the shift is beginning to reshape consumer behavior and business activity across the Rio Grande Valley. Just a year ago, one U.S. dollar was worth more than 20 pesos. Today, [...]