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LatinNews Daily - 18 March 2020
In brief: Mexican peso at another historic low
* According to figures from Mexico’s central bank (Banxico), on 17 March the Mexican peso reached another historic low against the US dollar, trading at M$23.168/US$1. This is a reflection of a global trend of currency depreciation in emerging markets, caused by the coronavirus (Covid-19) pandemic and falling international oil prices.
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