Saturday 25 February 2017

Mexican peso surges despite Trump threats

Mexican peso surges despite Trump threats

Maybe Mexico's "contingency plan" for President Trump is working out after all. Mexico's currency, the peso, is one of the best performers in the world in February, up over 5%. Before the U.S. election, the country's central bank started implementing what its governor, Agustin Carstens, called a "contingency plan." Carstens says Trump's potential policies would hit Mexico's economy like a "hurricane."
Read more: http://money.cnn.com/2017/02/24/news/economy/mexican-peso-rises-in-february/?source=Snapzu

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