Mexican Peso Slides After U.S. Poll Shows Trump Edging Ahead

11/1/16 Bloomberg

mexican pesosMexico’s peso slid to a three-week low after a poll showed Republican candidate Donald Trump narrowly ahead in the presidential race a week before the vote.

The currency fell 1.8 percent, the most in almost four months, to 19.2088 per U.S. dollar as of 12:37 p.m. in Mexico City after the ABC News/Washington Post tracking poll placed Trump 1 percentage point ahead of Democratic rival Hillary Clinton, within the margin of error. The peso fell 0.8 percent on Friday after the Federal Bureau of Investigation said it was re-opening an inquiry into Clinton’s use of e-mail. The Brazilian real fell 1.5 percent, reversing an earlier gain.

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