Thursday, December 3, 2020

Logo Central America Link

Mexico peso slips to one-month low on Nafta jitters

Tuesday, August 8, 2017


Mexico's peso slipped to a nearly one-month low against the dollar on Monday as the impending start of talks to renegotiate the North American FreeTrade Agreement gave the market a renewed bout of jitters.

The peso sank to a record low in January on fears that U.S. President Donald Trump would rip up Nafta, but it has rallied as
his administration has taken a more conciliatory tone and moved to renegotiate the 23-year-old accord.

Source: Reuters