"Claudia Sheinbaum Elected Mexico's First Female President, Markets React"

1 min read
Source: Bloomberg
"Claudia Sheinbaum Elected Mexico's First Female President, Markets React"
Photo: Bloomberg
TL;DR Summary

The Mexican peso dropped 2.9% against the dollar following Claudia Sheinbaum's election victory, as traders fear her potential anti-market reforms with a strong congressional majority. Mexican assets, including dollar bonds and interest-rate swaps, also saw significant declines.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

0 min

vs 1 min read

Condensed

55%

8337 words

Want the full story? Read the original article

Read on Bloomberg