Reported about 5 hours ago
The Mexican peso fell 1% against the dollar after the U.S. imposed new import tariffs, marking its weakest point in a month. While other emerging market currencies managed to hold steady, concerns about the impact of the escalating trade war on global economic growth lingered. Investors are awaiting a response from Mexico's President Claudia Sheinbaum as the MSCI index of emerging-market currencies rose slightly, led by the Thai baht and several Eastern European currencies.
Source: YAHOO