Dollar May Weaken vs. Peso Once Trump Takes Office: Mexico Finance Minister
Noe Torres - Reuters
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January 17, 2017
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Mexico’s peso continued its downward slide in response to US President-elect Donald Trump’s comments during a press conference last week in New York. (Al Jazeera English)

It is possible that the dollar will weaken against the peso after Donald Trump takes office as the next president of the United States this week, Mexico's Finance Minister Jose Antonio Meade said on Monday.

Mexico's peso MXN=D2 has hit a series of record lows since Trump won the election in November, over fears that his determination to bring back manufacturing jobs to the United States could hurt foreign investment south of the border.

See the original at Reuters

Related: Annual CEO Survey Ranks Mexico in Eighth Place as an Important Country for Growth (Mexico News Daily)

Related: Goldman Sachs Defies Mexican Peso Bears, Forecasts 13% Rally (Bloomberg)

Related: Carrots and Sticks: Mexico Is Getting Ready to Make Deals with President Donald Trump (Business Insider)

Related: Trump to Continue Creating Volatility for Mexico: Analyst (CNBC)

Related: To Make Globalization Adapt to Present Circumstances, the World Needs to Launch Its Version 2.0. (Xinhua)

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