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Sweetness and light for López Obrador in Mexico

Monday, July 9, 2018

The peso, arguably the most accurate thermometer of the Mexican economy, closed last Friday with its best week in many months, following the electoral victory of Andrés Manuel Lopez Obrador.

López Obrador is not due to become president until December 1, but the new administration is already having something of a honeymoon.

The future Economy minister said this week that she is hoping to agree on at least a "Nafta-lite" with the Donald Trump administration.