The dollar’s value on international currency markets – what’s up, and is it a problem? (and/or: why has the Mexican peso fallen in value?)
The Mexican Peso can be mentioned as one of the worst performing currencies in the current day in the North America. It has fallen to the lowest since 2015 and it is because of various reasons. Let's consider the political reasons where renegotiation of NAFTA is done with which there rose certain implications of it and apart from that, the oil prices have also significantly effected the currency value. The expected decisions of Federal reserve and also the growth of United States has been slow and this is also one of the important reasons for fall in value of Peso. However many of the other major currencies have depreciated against the Peso which indeed made it less appealing.
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