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Mexico's peso is soaring. That's bad news for people who rely on dollars sent from the U.S.
LA Times via Yahoo News· 8 months agoA woman walks past a money exchange in Mexico City on June 23, 2023. The Mexican peso has been...
Tether Forays Into Latin America, Launches Mexican Peso-Pegged Crypto
FX Empire via Yahoo Finance· 2 years agoKey Insights: Tether launches a new stablecoin pegged to the Mexican peso. The new MXNT tokens will...
Tether Enters Latin America With Mexican Peso-Pegged Stablecoin
CoinDesk via Yahoo Finance· 2 years agoTether on Thursday added to its roster of stablecoins, launching its MXNT token pegged to Mexico’s...
Bitso Processed $1B in Crypto Remittances Between Mexico and the US so far in 2022
CoinDesk via Yahoo Finance· 2 years agoLatin American crypto exchange Bitso handled $1 billion in crypto remittances between Mexico and the...
Mexico's 'super peso' could further squeeze company earnings in Q3 -analysts
Reuters via Yahoo Finance· 9 months agoSome Mexican companies saw revenues shrink in the second quarter as a stronger peso diluted foreign earnings, with the trend expected to continue into the next quarter, according to analysts ...
Mexican Remittances Are the Continent’s Largest; Crypto Companies Want a Cut
CoinDesk via Yahoo Finance· 2 years agoBitso, Coinbase and Circle have launched new services, tapping into the money flow between Mexico...
Analysis-Tumbling US dollar a boon to risk assets across the globe
Reuters via Yahoo Finance· 9 months agoCooling U.S. inflation is accelerating a decline in the dollar, and risk assets around the world...
Tether Launches Stablecoin for Mexican Peso
The Defiant via Yahoo Finance· 2 years agoTether launched a new stablecoin pegged to the Mexican Peso Thursday, marking the company’s first foray into Latin America while adding to a roster that already includes USD₮, the world’s largest ...
EMERGING MARKETS-Chile stocks jump, peso struggles after constitution vote
Reuters via Yahoo Finance· 2 years ago* Mexican president to strengthen anti-inflation plan * Argentina offers exchange-rate sweetener to boost soy exports * Colombia Aug inflation hits decades-long high of 10.84% (Adds comment, ...
‘Bad situation’: Soaring US dollar spreads pain worldwide
Associated Press via Yahoo News· 2 years agoThe cost of living in Cairo has soared so much that security guard Mustafa Gamal had to send his...