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The peso, seen as vulnerable to new tariffs Trump plans to impose, is down 4% from its September high. MSCI's gauge for Latin American currencies has slipped over 3% during that period.
Mexico's peso is now down 8% since the elections Sheinbaum and her party won in a landslide - its biggest plunge since the COVID-19 pandemic - while the country's main stock index has fallen ...
Trump, who takes office on Jan. 20, 2025, said he would impose a 25% tariff on imports from Canada and Mexico until they clamped down on drugs, particularly fentanyl, and migrants crossing the ...
MEXICO CITY (Reuters) -Mexican President Claudia Sheinbaum on Tuesday warned U.S. President-elect Donald Trump of dire economic consequences for both countries from tariffs and suggested possible ...
USD/MXN exchange rate Mexico inflation rate 1970-2022. The Mexican peso crisis was a currency crisis sparked by the Mexican government's sudden devaluation of the peso against the U.S. dollar in December 1994, which became one of the first international financial crises ignited by capital flight.
USD/MXN exchange rate. Mexican peso crisis in 1994 was an unpegging and devaluation of the peso and happened the same year NAFTA was ratified. [2]The Mexican peso (symbol: $; currency code: MXN; also abbreviated Mex$ to distinguish it from other peso-denominated currencies; referred to as the peso, Mexican peso, or colloquially varo) is the official currency of Mexico.
Mexico's peso strengthened to a near-one week high on Monday after mid-term elections confirmed President Andres Manuel Lopez Obrador's MORENA party as the strongest force in the country, but with ...
Claudia Sheinbaum Pardo [a] (born 24 June 1962) is a Mexican politician, scientist, and academic who has served as the 66th president of Mexico since 1 October 2024, the first woman to hold the office.