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The Mexican peso is getting slammed amid political uncertainty





Andres Manuel Lopez Obrador AMLO

  • 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 >>>

Source:: BusinessInsider.Com

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