The Mexican peso is jumping on hope for NAFTA progress
- 6 years ago
According to Business Insider, the Mexican Peso is on the rise amid hopes for progress on NAFTA.
The Mexican Peso rose nearly 1% on Friday after reports that the US and Mexica were close to reaching a breakthrough on NAFTA negotiations.
The progress on NAFTA comes as a relief to those who were concerned over Mexico’s newly elected leftist president, Andres Manuel Lopez Obrador, and his criticism of the Trump Administration.