The
Mexican peso dropped to a greater extent than than two per centum on Midweek every bit reports began to surface of a novel Trump executive lodge that would take the U.S. from the North American Free Trade Agreement (NAFTA).
An official at the White House said the executive lodge is currently existence reviewed too could survive officially announced over the side yesteryear side few days, according to a
USD/MXN telephone substitution rate climbed from 18.8645 - where it was trading at the commencement of the 24-hour interval - all the means to 19.29604; a reject of 2.30 per centum on the 24-hour interval for the Mexican currency:
News of Trump’s looming NAFTA lodge every bit good impacted the Canadian dollar, which dropped close 0.5 per centum during the overlap of the NY & London currency trading session on Wednesday.
Peso banknote photograph yesteryear Christian Ramiro González