Peso-Dollar Parity Hits Record High

Photo: Factor Nueve


At 6 a.m. Tuesday, March 17, the Mexican peso was trading at an unprecedented 23.24 to the U.S. dollar.

Notwithstanding, the peso recovered about .26 percent of its value by 8  a.m., to trade at 22.82 per dollar.

The Mexican peso has been sorely effected by the mounting global coronavirus crisis and the drop in international oil prices.

Categories: Economy, Mexico, PoliticsTags: , , ,

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