Mexiconews

The Mexican peso depreciated by more than 1% against the dollar on Wednesday as the market adjusted its expectations in light of stricter U.S. Federal Reserve policies and the Bank of Mexico’s impending monetary policy decision.  The spot exchange rate reached 17.50 to the dollar Wednesday, a loss of nearly 20 centavos for the Mexican currency, extending a streak of weakness over recent sessions. The Federal Reserve, the U.S. central bank, decides monetary policy for the United States but its decisions affect Mexico, a case in point being its recent raising of U.S. interest rates, which helped start the recent decline of the peso. (Facebook) The exchange rate stood at 17.50 to the dollar at 3:20 p.m.Wednesday, Mexico City time. Pressure on the peso comes from the likelihood of further interest rate hikes in the United States, with the market assigning a probability of approximately 54% to another rate increase in October. The Fed recently raised its benchmark rate by 25 basis poin...

Mexico’s population was just over 130.9 million in late 2025, an increase of almost 4% compared to five years earlier, according to the National Institute of Statistics and Geography (INEGI). The estimated population figure is among the findings of INEGI’s 2025 Intercensal Survey, conducted last October and November at more than 7.3 million homes across Mexico. Among the other key findings of the survey — whose results were published on Tuesday — are that Mexico’s population growth has slowed, the median age of the population has risen and the fertility rate has declined. Mexico’s population approaches 131 million  INEGI reported that Mexico’s population was 130,911,314 (130.91 million) in late 2025. That figure represents an increase of 3.9% compared to the 126.01 million people counted when INEGI conducted Mexico’s most recent census in 2020 . Of Mexico’s 130.9 million people, 51.9% are female and 48.1% are male. Just 0.9% of Mexico...

Mexican authorities reported Tuesday the arrest in the Cuauhtémoc borough of Mexico City of José Ángel Rivera Zazueta, alias “Don Flaco,” for drug trafficking. The operation, supported by information shared between Mexican and U.S. agencies, was carried out by a coordinated effort between the Attorney General’s Office (FGR), through its Criminal Investigation Agency, and the Security Ministry (SSPC). Rivera Zazueta, born on August 15, 1987, in Culiacán, Sinaloa, was identified by the U.S. Department of Justice as one of the Sinaloa Cartel’s main fentanyl traffickers. Don Flaco has been designated as such by the U.S. Office of Foreign Assets Control (OFAC) since 2023, and the arrest was the result of an ongoing operation.  The United States and Mexico have extended cooperation and data sharing between their respective law enforcement agencies to tackle criminal organizations operating in both countries. This collaborative work has helped advance operations while respecting the legal...

Residents of the states of Guerrero and Michoacán remain on alert Tuesday as Hurricane Polo, a Category 5 hurricane, moves slowly along the Pacific coast and is forecast to bring heavy rain to southwestern Mexico. At 9 a.m. Tuesday, the U.S. National Hurricane Center described Polo as ‘extremely dangerous’ with maximum sustained winds of 165 mph (270 km/h). It was moving slowly north at 2 mph, located about 200 miles (330 kilometers) south of Zihuatanejo, Guerrero. An updated satellite photo clearly shows Hurricane Polo sitting menacingly off Mexico’s Pacific coast. (SMN) Hurricane-force winds extend outward up to 35 miles (55 km) from the center and tropical storm-force winds extend outward up to 90 miles (150 km). The storm had been moving east slowly toward the coast, but had begun to turn northwest and is forecast to continue west-northwest, moving away from land by Wednesday night. Maximum sustained winds have increased to near 165 mph (270 km/h) with gusts...

A new passport guide focuses on the city’s lesser-known artists and art studios; a cow-sorting benefit event is coming up; an athletic challenge will help feed local schoolchildren, and a celebrity sighting is reported at a local bar and restaurant. Read on about some of the community activities going on in and around San Miguel de Allende . Art passport draws attention to SMA’s ‘hidden studios’ San Miguel jewelry maker Mariana Díaz started thinking about her Hidden Studios Art Passport project in January after a period of feeling invisible as an artist and realizing others were in a similar situation. Look for the Hidden Studios Art Passport at selected hotels, cafes and restaurants around San Miguel de Allende. (Mariana Diaz) “I just thought about everybody having so much talent, but no one knows about it,” she said. “People keep on the same route in Centro, and they really don’t walk around and see all the good stuff that’s out there.” Her idea led to a Sept. 12 launch of the ...

A day after pledging Sunday to keep federal security forces in Sinaloa “as long as necessary,” President Sheinbaum on Monday repeated her conviction that U.S. interference precipitated the explosion of violence and the ongoing cartel turf war plaguing the troubled state. While in Culiacán, the Sinaloa state capital, on Sunday, Sheinbaum said Governor Graciela Domínguez can count on the complete support of the federal government, while also announcing that Cabinet officials will visit the state in the coming weeks. The president was in the Sinaloa state capital of Culiacán on Sept 20 as part of her series of visits to present in person her annual Informe to each state. (José Betanzos Zárate / Cuartoscuro.com) “First and foremost, all federal forces … will remain here for as long as necessary,” she said. “We will not withdraw any element of the Army, the National Guard or the Navy; they will continue to support the governor and, above all, the people of Sinaloa.” Sinaloa...