The balance of the peso: why the Mexican currency is the hardest hit among its peers

El Pais

Lean Left

High Factuality

Media Conglomerate: PRISA

The balance of the peso: why the Mexican currency is the hardest hit among its peers

The Monday of panic in the markets threw away practically all stock indices and most of the world's currencies due to fears of an economic recession in the United States, as well as an adjustment in the monetary policy of Japan's central bank. But among emerging market currencies, the worst hit was the Mexican peso, something that made Mexicans nervous. The fall of the Mexican peso has to do with its economic integration with the United States, …