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Banxico Stands Ready to Fight Peso Slump, But It May Not Help

Mexican Peso Rally Falters as Investors Sour on Risk

(Bloomberg) The Mexican peso tumbled amid a fresh bout of global risk aversion, supporting calls on Wall Street that the currency was set to fall after a torrid seven-month rally.Most Read from BloombergQQQ Churns in Late Hours on Apple, Amazon Earnings: Markets WrapTrump Cites Self Incrimination Concern in Lawsuit Against CohenFitch’s US Credit Downgrade Sparks Criticism Along With UneaseThe Strange Story Behind ‘Baldur’s Gate 3,’ One of the Year’s Biggest ReleasesCanada PM Justin Trudeau Sp

Mexican Peso's Rally Falters as Investors Sour on Risk