Mexico's peso slumps to two-year low as markets tilt towards Trump win
Wed, Nov 6, 2024 2:03 PM

Mexico's peso slumps to two-year low as markets tilt towards Trump win

A Flip by Shubhangi Gupta
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Mexico's peso sank to its weakest level in over two years on Wednesday, as markets braced for a win for Donald Trump the U.S. election, extending a streak of volatility and weakness for the emerging markets bellwether. The peso dropped as low as 20.8038 per dollar for the first time since August 2022, more than 3% weaker than its previous close.

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