Mexican Peso gains versus U.S. Dollar amid political instability in Italy

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Source: Bloomberg
Mexican currency depreciated versus U.S. Dollar on Wednesday after concerns about political situation in Italy, where last month's elections still did not bring a new government, having an unfavourable influence on the global economy. The Mexican Peso dropped 0.4% to 12.4025 per U.S. Dollar erasing its previous gains, however the currency has added 3.1% this month versus the so-called greenback.

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