Day: June 21, 2024

Mexican Peso Rebounds as Sheinbaum’s Cabinet Picks Boost Investor Confidence

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The Mexican Peso (MXN) extended its recovery on Friday, fueled by optimism surrounding President-elect Claudia Sheinbaum’s cabinet choices and the allure of Mexico’s high interest rates for foreign investors. However, the Peso’s gains were tempered by a subdued global market mood, with US and Asian stock markets facing headwinds. Sheinbaum’s Cabinet Inspires Confidence The announcement […]

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