Monday, June 03, 2024

Mexican Peso falls against dollar by 4% as election results become public indicating a possible constitutional reform

Until now I was unaware of a landslide victory by the ruling leftist party!

"4%+
The drop in the Mexican peso against the dollar, to 17.72 as of 3:49 pm ET, the weakest level since November. The currency began to slide as presidential-election results showed the ruling party’s landslide victory, paving the way for constitutional overhauls that opponents say risk weakening its democracy while increasing the role of the state in the economy."

The Wall Street Journal What's news



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