Mexican Markets Plummet After Election

Peso & BMV Register Their biggest Drop Since 2020

Date:

Autor: Funds Society, Miami

Mexican markets have reacted negatively to the result of the presidential election held on Sunday in Mexico, which reflected a landslide victory for the ruling party

The peso depreciated 3.5%, becoming the weakest currency of the global session, trading at 17.64 pesos after reaching a high of 17.75 units; meanwhile, the main index of the Mexican Stock Exchange plummeted 5.26%