The peso rallied on Friday to a nearly four-month high after the new U.S. commerce secretary offered a softer tone on trade talks and as his Mexican counterpart echoed the sentiment that the two sides could reach a mutually beneficial trade deal.
Already the best performing major currency in recent weeks, the peso MXN=MXN=D2 strengthened as much as 2.5 percent to 19.5085 per dollar on Friday, its best since Nov. 9, the day after Donald Trump's surprise presidential election win.
The peso hit a historic low on Jan. 11, after tumbling about 17 . . .
Already a Subscriber? Login Here
