# AMLO's Mexico: No Need To Be Terrified

> The Mexican peso was holding just under 19 per US dollar, according to a Forbes article on Mexico under President AMLO. The piece notes the peso had hit as high as 23 to the dollar after Trump's election, when NAFTA appeared doomed.

- Date: 2019-04-24 · published 2019-04-24T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/59800-amlo-s-mexico-no-need-to-be-terrified
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

The peso's recovery from its post-election lows reduces the cost pressure on Mexican importers of feed ingredients, though the currency's sensitivity to NAFTA headlines remains a risk for dollar-priced grain imports.

## Read by commodity

- USDMXN: neutral

## Sources

- forbes.com: https://www.forbes.com/sites/kenrapoza/2019/04/24/amlos-mexico-no-need-to-be-terrified/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.