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Mexican Peso slides as US inflation surges, Fed expected to cut twice rather than thrice

The Mexican Peso depreciated against the US Dollar following the release of an inflation report in the United States (US) on Wednesday.

Mexican Peso retreats from multi-year high amid mixed inflation data

The Mexican Peso loses steam against the US Dollar on Tuesday after refreshing almost nine-year highs of 16.26.

Inflation forecast to drop below 5pc by year end

RESERVE Bank of Zimbabwe (RBZ) Governor Dr John Mushayavanhu has projected inflation to fall below 5 percent by year end, as inflationary pressures that have characterised Zimbabwe’s economy in the recent past due to exchange rate volatility, dissipate following the introduction of the new currency. Zimbabwe’s annual inflation rose to a seven-month high of 55,3…

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