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Business Apr 23, 2025

Mexican Peso strengthens to yearly high as trade war cools, mood improves

The Mexican Peso (MXN) posted substantial gains versus the US Dollar (USD) on Tuesday, sponsored by an improvement in risk appetite due to optimistic news of a ‘de-escalation’ of the trade war between the US and China. At the time of writing, USD/MXN trades at 19.58...

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