
"Mexico's Peso Plummets Amid Historic Election and Rising Violence"
The Mexican peso fell sharply for a second consecutive session following a surprising landslide election victory by the ruling Morena party, raising investor concerns about potential constitutional changes and increased state interference in the economy. The peso dropped as much as 2.9% to 18.1936 per dollar, adding to a 3.8% loss on Monday, while Mexico's benchmark stock index sank 6.1%. Analysts suggest that market stabilization may occur if the new leadership, particularly Claudia Sheinbaum, reassures investors by avoiding major controversial changes.













