March 19, 2020 / 3:32 AM / 13 days ago

Mexican peso slumps to new low against dollar

A picture illustration shows Mexican pesos and U.S. dollars banknotes in Mexico City July 6, 2015. Latin American currencies weakened on Monday after Greece overwhelmingly rejected a bailout offer from creditors, though moves were muted as investors bet the fallout would be limited. Nearly every currency dropped against the dollar. Equities markets were broadly lower, with the MSCI Latin American stock index falling for the second straight session. REUTERS/Edgard Garrido

MEXICO CITY (Reuters) - The Mexican peso fell by more than 2.6% in early Asian trading, touching a new record low of 24.34 units per dollar, Eikon Refinitiv data showed on Wednesday.

The peso’s slide comes as emerging markets currencies around the world and broad financial markets take a battering amid the rapid spread of the coronavirus pandemic.

Reporting by Dave Graham; Editing by Shri Navaratnam

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below