The Mexican Peso dropped sharply after the US Presidential Election outcome was announced. Investors were concerned about the potential economic impact of the new administration’s policies on trade and immigration. The uncertainty surrounding the future relationship between the US and Mexico led to a sell-off of the Peso, with many investors seeking safer assets. The Peso’s decline shows the close economic ties between the two countries and highlights the importance of political stability in influencing currency markets. The coming weeks will be crucial in determining how the Peso will continue to react to the changing political landscape in the US.
