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Mexico's super peso slumps: is the strong currency gone for good?
Original: After its September nosedive, is the super peso gone for good?
Mexico's peso, long nicknamed the 'super peso' for its historic strength against the dollar, took a sharp dive in September, prompting debate over whether the currency's strong run is over. Analysts and commentators are weighing what the drop means for the exchange rate, inflation and the economy, with opinions split between those calling a lasting reversal and those seeing a temporary correction.
Why now: The peso's steep September fall against the dollar has raised concern about whether its unusually strong run has ended.
Rank over time, top of the chart is #1. 3 snapshots from 2 h ago to 5 min ago.
Evidence
- After its September nosedive, is the super peso gone for good? · Mexico News Daily
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