Peso touches historic low of 18.478 per dollar

Reuters – Mexico’s peso depreciated early Wednesday to touch a historic low of 18.478 pesos per dollar as further falls in oil prices dragged on global markets. It later appreciated to hit 18.361 pesos per dollar. Mexico’s peso slumped 16.8 percent in 2015, the highest annual fall since 2008. So far in 2016 it has fallen about 6.6 percent.

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