Mexican peso keeps devaluating amid possible Trump administration's restrictive policies - London Business News | Londonlovesbusiness.com
Briefly

With the new Trump administration signaling a strong protectionist stance, particularly in trade and immigration, the U.S. dollar shows a bullish trend amidst potential economic shifts.
The anticipated confirmation of Robert Lighthizer as trade representative suggests a possible aggressive trade posture, tightening U.S. relations with Mexico and impacting other Latin American currencies.
Trump's intention to prevent manufacturing from shifting to Mexico underlines the vulnerabilities of the Mexican peso, which is forecasted to experience further depreciation against the U.S. dollar.
Expectations regarding accelerated U.S. inflation may also place added strain on Latin American currencies, notably impacting the Mexican peso and others such as the Colombian and Chilean pesos.
Read at London Business News | Londonlovesbusiness.com
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