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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Mexico's currency is falling to a 10-month low

rocky
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Mexico's currency is falling to a 10-month low Empty Mexico's currency is falling to a 10-month low

Post by rocky Wed 27 Dec 2017, 4:12 am

Mexico's currency is falling to a 10-month low






2017/12/27 00:40


(This Day Encyclopedia News | Iraq News  ) - Direct: decreased local currency in Mexico "peso" to the lowest level in 10 months during trading on Tuesday, despite attempts by the central bank and amid uncertainty about the economic situation in the country.


The Mexican central bank on Tuesday sold an additional $ 500 million in the foreign exchange market.


The Mexican peso fell against the dollar by 0.7% to climb the US currency to 19.8856 dollars, at 8:31 pm GMT, the lowest level since last February.


Mexican currency losses come on concerns about inflation in the country and the possible impact of US tax cuts on Mexico.


Earlier this month, the new governor of the Bank of Mexico, Alejandro Diaz de Leon, said the US tax reform law could hurt the country's local currency.


US President Donald Trump signed the US tax code on Friday. 


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https://hathalyoum.net/articles/1442392-%D8%B9%D9%85%D9%84%D8%A9-%D8%A7%D9%84%D9%85%D9%83%D8%B3%D9%8A%D9%83-%D8%AA%D8%AA%D9%87%D8%A7%D9%88%D9%89-%D9%84%D8%A3%D8%AF%D9%86%D9%89-%D9%85%D8%B3%D8%AA%D9%88%D9%89-%D9%81%D9%8A-10-

    Current date/time is Tue 26 Oct 2021, 3:37 pm