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Dollar may weaken against peso: Mexico minister

Tuesday, January 17, 2017

It is possible that the dollar will weaken against the peso after Donald Trump takes office as the next president of the United States this week, Mexico's Finance Minister Jose Antonio Meade said.

Mexico's peso has hit a series of record lows since Trump won the election in November, over fears that his determination to bring back manufacturing jobs to the United States could hurt foreign investment south of the border.

Source: Reuters