Peso continues fall after Trump election
During his campaign Trump told voters he plans to rid the country of NAFTA and looks to get better deals for the country. Another cause for alarm was his plan to stop immigration which has worried farmers close to the border who rely on immigrants to harvest.
Falling since his election, the Peso has been the worst performing currency in 2017 so far when compared to the top 16 most traded. Mexican investors are liquidating Mexican assets in order to avoid the risk that a Trump presidency may present to trade between the two countries. Until Trump is in office, and his stances and plans are made clearer, the state of the Peso remains uncertain.
source: foxbusinessnews.com
