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Mexican peso drops to 20.5 per USD, nearing two-year low

Invezz Tuesday, 26 November 2024 ()
Mexican peso drops to 20.5 per USD, nearing two-year lowThe Mexican peso is currently experiencing significant economic challenges, trading at over 20.5 pesos per US dollar and nearing its weakest point since 2022. This decline follows renewed threats from Donald Trump to impose hefty tariffs on imports from Mexico, China, and Canada. Reports suggest a possible 10% increase in imports from China and a […]
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