The Mexican peso appreciated over 4% from late March to early April, driven by increased global risk appetite following a US-Iran ceasefire. Despite the peso gains, inflation rose in March, exceeding the Bank of Mexico's target range.

<p>The peso has surged over 4% since late March, buoyed by an increased appetite for risk following the US-Iran ceasefire.</p> <p>The post <a href="https://mexiconewsdaily.com/business/peso-rises-dollar-weakens-iran-ceasefire/">Peso rises for seventh straight day as dollar weakens on US-Iran ceasefire</a> appeared first on <a href="https://mexiconewsdaily.com">Mexico News Daily</a></p> <p>The Mexican peso rose in value against the US dollar every trading day between March 30 and April 9, appreci...