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News Link • Mexico

Mexico Central Bank Intervenes to Prop Up Peso: Trump to Blame for Peso Woes?

•, by MishMoments

Don't Blame Trump

The election of Donald Trump and his anti-NAFTA message hasn't helped Mexico, but the peso has been in a long slide for years. 

Mexico oil export revenues plunged with falling oil prices. Mexico is heavily dependent on oil tax revenue.

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