Traders pull out of Mexico's biggest stock fund
Thursday, February 4, 2016
![](https://www.centralamericalink.com/storage/images/2017/02/07/201602041045210.foro-economico.jpg)
As Mexico’s currency continues to slip, traders are removing money from the country’s biggest exchange-traded stock fund, or ETF.
Although the IPC index has inched upward this year, the ETF saw nearly $119 million pulled out in January alone, tracking the peso in a downward spiral.
Source: El Daily Post