July 4, 2024
Investors

Peso Gets Crushed as Investors Worry Sheinbaum’s Win Was Too Big

(Bloomberg) — Mexico’s president-elect was set to inherit the world’s top performing currency. Instead she’s confronting a historic slump in the peso that’s casting a pall over her early days in leadership. Most Read from Bloomberg Claudia Sheinbaum struggled to address investor concerns Tuesday that the ruling party’s landslide election win will pave the way

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Investors

Analysis-Mexico investors worry lopsided vote could threaten rule of law

By Rodrigo Campos and Noe Torres NEW YORK/MEXICO CITY (Reuters) -The Mexican governing party’s unexpectedly lopsided victory this week has investors concerned that it may use its mandate to sweep aside some of the checks on presidential power which have long been a source of comfort to the business community. The possibility that current president

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