Dollar may weaken vs. peso once Trump takes office: Mexico finance minister

Mexico's finance minister made these comments after the peso hit a series of record lows over fears that Trump's policies could hurt foreign investment south of the border.
Mexican Finance Minister Jose Antonio Meade addresses the audience during a seminar at the Instituto Tecnologico Autonomo de Mexico in Mexico City, Mexico January 12, 2017. (REUTERS/Carlos Jasso)
16/01/2017
16:38
Reuters
-A +A

It is possible that the dollar will weaken against the peso after Donald Trump takes office as the next president of the United States this week, Mexico's Finance Minister Jose Antonio Meade said on Monday.

Mexico's peso has hit a series of record lows since Trump won the election in November, over fears that his determination to bring back manufacturing jobs to the United States could hurt foreign investment south of the border.

Mantente al día con el boletín de El Universal

 

COMENTARIOS