November 9, 2016
The peso currency suffered its biggest fall in 22 years on fears Trump will stick to a campaign pledge to rewrite or dump a free trade treaty he says is loaded in Mexico’s favor. Investors worry a trade fight could tip Mexico’s economy into recession. The Republican candidate has threatened to deport millions of undocumented...
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As Trump forged toward victory, the peso plunged 13 percent in its biggest fall in 22 years. It then pared losses to trade down 8.9 percent at 19.95 per dollar. Trump’s threats to rip up a free trade agreement with Mexico and to tax money sent home by migrants to pay for building a wall...
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