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

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.