Mexico’s Trump “contingency plan” isn’t working

CNN – Mexico’s “contingency plan” to protect its economy from the “hurricane” effect of Donald Trump’s electoral victory isn’t working. On Thursday, Mexico’s central bank tried to prop up its battered currency, the peso, by selling dollars to international investors. It’s the latest move by Mexico to stop the peso’s bleeding from Trump’s threats to use tariffs, build a wall and tear up a trade deal.

http://money.cnn.com/2017/01/05/news/economy/mexico-peso-trump-contigency-plan/

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