Loading…
The peso fell about 1% on June 11 to 18.49 per dollar and has dropped about 11% since late May. Mexican stocks remain about 4% below pre-election levels, and inflation remains persistently high.
A sustained drop in the peso raises the peso cost of US feed grains and meal, which can reduce Mexican import demand and pressure US export prices.
apnews.comJun 11, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
