RE:RE:Mining in Mexico is now becoming tougher...GSVR is now The peso increase is not suprising. Many invested in Mexican mining companies are aware. And it's likely to taper off. BTW, CAN dollar will head up. Once CA central bank raises rates to keep up with the FED. This will dampen the exchange between currencies. And bolster USD.
Mexican economists expect the peso to weaken to 19.13 by year-end, a survey by the central bank showed, while a poll of Citibanamex experts estimated the figure at 19.20
https://www.reuters.com/markets/currencies/mexican-peso-stay-strong-despite-end-cenbank-tightening-cycle-analysts-2023-05-19/