Mexico's peso continued to weaken against the dollar through the end of the month, extending the slide that followed the central bank's rate hold and softer guidance. The currency'
Mexico's peso continued to weaken against the dollar through the end of the month, extending the slide that followed the central bank's rate hold and softer guidance. The currency's decline comes as a healthy US labor market keeps dollar demand firm, adding headwind for the peso. Watch remains on whether the weaker currency and fuel subsidy costs show up in upcoming inflation data.
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