Mexico’s peso may weaken to a range of 21 to 23 against the U.S. dollar if Republican presidential nominee Donald Trump wins the election, according to the majority of economists in a Bloomberg survey conducted Sept. 16-28.
The currency will likely trade between 18 and 21 if Hillary Clinton, the Democratic nominee, wins. Below is a chart of the survey results.
The peso strengthened the most against the dollar among its major-currency counterparts after the second U.S. presidential debate, in which both candidates exchanged barbs but Hillary Clinton was again perceived to have performed more strongly. It rose 2.4 percent to a one-month high of 18.8316 per dollar as of 10:44 a.m. Monday Oct. 10 in New York.
The Mexican currency has been a barometer of investor anxiety about the Nov. 8 election, falling when Trump advances in the polls and gaining when he slumps.
To view complete article click here.
more recommended stories
Hyperbaric chamber to start operations in Cozumel, Quintana Roo
The president of the Mexican Red.
Santa Rosa “Huachicol” cartel expanding from Guanajuato into Querétaro and Hidalgo
The fuel theft gang believed to.
Trump’s Risky Plan to Get $8 Billion for His Wall
He really did it. President Trump.
Central American migrants held scuffle with police in northern Mexico
Police briefly scuffled with some of.
Is climate change the number one enemy of tourism in Quintana Roo?
Studies carried out in Cancun and.
“Relleno Negro” Cine Janal`s third short film on the beautiful gastronomy of Yucatan
This is not the first time.
British woman stranded in Cancun hospital due to travel insurance trap
Things were bad when Maxine Howell.
Yucatecan entrepreneurs go all out in Vegas showcase
Even though 3D printing already was.
Michelle Fridman, Yucatan Tourism Secretary kicks up a storm.
Editorial by Carlos Velázquez Dinero en Imagen.
Street harrasment means harsh punishment in Merida
Whomever decides to harrass any woman.