Peso Plunges Amid Concerns Over Sheinbaum's Election

Reported 7 months ago

Mexico's president-elect Claudia Sheinbaum faces a challenging situation as the peso faces a significant drop following her party's landslide election win. Investors worry about potential changes to the judiciary branch and constitutional modifications under Sheinbaum's leadership. Despite efforts to reassure the public, concerns persist about her alignment with predecessor Lopez Obrador's proposals and the implications for economic stability. The peso's decline and uncertainty surrounding future reforms are causing unease among investors and business sectors in Mexico.

Source: YAHOO

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