Colombian and Mexican pesos drop amid oil drop
Monday, February 29, 2016
![](https://www.centralamericalink.com/storage/images/2017/02/07/201602291103400.OilTax.jpg)
Both the Mexican and Colombian pesos dropped on Friday, hurt by fresh U.S. data that boosted the dollar and a slump in the oil price late in the session.
The two currencies, which have hit a series of record lows, had been on track to post weekly gains for a second time in a row, but in the end only the Colombian peso posted a gain for the week.
Source: Reuters