The Mexican peso rises against the US dollar, continues to recover from the losses due to Urzúa’s resignation. USD / MXN is trading below 19.10, but still above the level it was a week ago. The minutes of the last Banco de México meeting showed that the Board member, Gerardo Esquivel, voted in favor of reducing the rate from 25 basis points to 8.00% …
Credits: Forex Street
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