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Without a Nafta accord, Mexico's peso might plunge

Tuesday, May 15, 2018


Unless an agreement to restructure Nafta can be constructed this week, the Mexican peso will fall sharply in value and uncertainty will reign in the nation's economy.

Citibanamex reckons that the peso will soon break the current limit of 20 pesos per dollar, but without Nafta the devaluation of the Mexican currency will be greater.

Source (in Spanish): Expansión