# Trump Border War Mexican Peso - Business Insider

> The Mexican peso weakened by as much as 0.9% to 17.8167 per dollar on the morning of August 23, 2017. The slide began during Trump's Tuesday-night campaign rally in Phoenix and continued for several hours.

- Date: 2017-08-23 · published 2017-08-23T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/69670-trump-border-war-mexican-peso-business-insider
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

A weaker peso makes Mexican exports cheaper and can affect Mexican feed demand and import costs for grains and meal priced in dollars. The move is a short-lived currency reaction to political rhetoric, so the effect on feed prices is limited.

## Read by commodity

- USDMXN: bullish ▲

## Sources

- businessinsider.com: https://www.businessinsider.com/trump-mexico-border-wall-peso-reaction-2017-8

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