Analysts Cite Clinton's Illness in New Plunge by Mexico Peso...
Mexico is already paying for it!
Economists have long said that when the United States catches a cold, Mexico gets pneumonia. But analysts said Monday that Hillary Clinton’s pneumonia has given Mexico’s peso something worse.
The Mexican currency reached the psychological barrier of 20 pesos per dollar, and analysts and commentators cited the role of the U.S. presidential campaign.
Banamex, one of Mexico’s largest banks, listed the peso at 19.96, and other banks and exchange houses listed it even higher.
A Banco Base analysis said the strength of Republican candidate Donald Trump influenced the peso’s decline. …
(Excerpt) Read more at hosted.ap.org ...
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