Home »Money and Banking » World » Mexico peso rebounds

The Mexican peso strengthened on Thursday after the central bank sold dollars to support the ailing currency, which has been battered by uncertainty over US President-elect Donald Trump. The peso firmed as much as 1.5 percent after slumping to a record low on Wednesday. The currency posted its worst yearly performance since 2008 last year on concerns that Trump could enact protectionist policies against Mexico.



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