The Mexican peso is getting slammed amid political uncertainty
|04/19/2018||Posted by BusinessMediaguide.Com under General World News||
- The Mexican peso was down nearly 1.50% on Thursday afternoon.
- The dive came after a poll showed strong support for presidential candidate and staunch leftist Andres Manuel Lopez Obrador.
- Obrador has a 22 point lead in the July presidential race, according to a poll.
The Mexican peso dove Thursday amid ongoing political uncertainty and as North American trade partners met to negotiate a new NAFTA deal.
The peso was down 1.42% versus the dollar at 12:41 p.m. ET, erasing previous gains. It had been strengthening against the greenback on Wednesday.
The fall comes after news of strong support for Andres Manuel Lopez Obrador, who read more >>>