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Value of Mexican Peso Changes As Trump Speaks - The value of the Mexican peso fell to a historic low Wednesday after President-elect Donald Trump began speaking at his news conference. According to Reuters, Mexico’s peso MXN= weakened to 22 per dollar, but eventually bounced back a little, and began to trade at 21.77 per dollar at 13:09 a.m. eastern. During the news conference, Trump reiterated that he would make companies pay a “huge border tax” if they move manufacturing jobs out of the U...
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