Comment on Large Mexican investors are turning their backs on the peso

Large Mexican investors are turning their backs on the peso

On July 1, the Financial Times wondered just how low the Mexican peso could go, likening the ill-fated currency to a limbo dance: “Every month, it gets just that little bit lower.” In the 20 trading days since, the peso has experienced eight record daily lows, in itself a record, even for Mexico.

 

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