Reported 19 days ago
Mexico's peso fell to its lowest level in over two years, trading at 20.2048 per dollar after initial plummet following Donald Trump's election win. Analysts suggest that the decline was exaggerated, though concerns remain regarding the U.S. economic influence on Mexico. The currency has weakened more than 18% this year, prompting some experts to view recent drops as potential investment opportunities, despite ongoing volatility and uncertainty about future trade policies.
Source: YAHOO