Mexican Peso Rebounds, AMLO Reforms Cast Shadow on Exchange Rate
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The Mexican Peso regained some ground against the US Dollar on Monday, buoyed by comments from outgoing President Andres Manuel Lopez Obrador (AMLO). However, the currency remains under pressure due to concerns over potential reforms championed by Morena party leader Mario Delgado. The USD/MXN currently hovers around 18.26, reflecting a modest 0.73% decline. Global risk […]