Why Is Mexico’s Peso Outperforming? | Presented by CME Group

The appreciation of the Mexican peso during the past 3 months can be attributed to a combination of domestic economic stability, proactive governmental policy initiatives, and advantageous external conditions. Although global influences such as a depreciation of the US dollar have contributed to this trend, factors specific to Mexico have been instrumental in maintaining ongoing strength. Mexico's economy has demonstrated stability as GDP has been moving higher and unemployment remains near historic lows.Wh ...