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Mexico's currency plunged to its lowest level in history
Date: 11/12/2016 12:23
Information / Baghdad ..
Hui Mexican peso to its lowest historical level, influenced by uncertainty faced by this country's economy after the election of the Republican Donald Trump, president of the United States.
And a new record peso declined against the greenback rose 1.65 percent to $ 21.15 pesos per dollar. While the overall decline of the peso reached 8.75% during one of the worst weeks witnessed twenty years ago.
The peso has made progress by 2.39% Monday before the resolution vote for Trump then Hui Wednesday by 7.18% after the announcement of his victory, headed by the United States.
The stock exchange data showed a decline in the main index of the Stock Exchange of Mexico 3.68% during the week, with a new decline of 0.54% Friday.
Mexico was the country most affected by the outcome of the US election, due to fears of hints Trump during his election campaign the possibility of cancellation of the Free Trade Agreement of North America (NAFTA), which the United States signed with its neighbors Canada and Mexico. And threatened to build a wall on its border with Mexico to prevent the entry of illegal immigrants.Finished / 25
http://almaalomah.info/2016/11/12/economic/104079
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