The Mexican Peso (MXN) slipped against the US Dollar (US) for the second consecutive day after inflation data for the first half of February rose as expected, yet justified Banco de Mexico’s (Banxico) latest 50 basis points (bps) rate cut.
The Mexican Peso (MXN) slipped against the US Dollar (US) for the second consecutive day after inflation data for the first half of February rose as expected, yet justified Banco de Mexico’s (Banxico) latest 50 basis points (bps) rate cut.
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