Mexico's peso tumbles against the dollar after Claudia Sheinbaum's election victory amid fears America's neighbor will be plunged into left-wing dictatorship

---

Mexico's peso tumbles against the dollar after Claudia Sheinbaum's election victory amid fears America's neighbor will be plunged into left-wing dictatorship

---

Mexico's newly elected and first female president Claudia Sheinbaum faced a market meltdown hours after being elected as stocks and the value of the peso dropped. Stocks fell nearly 6 percent and the peso lost as much as 4 percent in the hours after Sheinbaum won a landslide victory in Sunday's presidential election. The scale of the gains for the Morena party and its allies took markets by surprise, with some fearing the results would pave the way for the ruling coalition to pass constitutional reforms without opposition support.
More >> https://ift.tt/QuhXwr9 Full Article on Source: ANIO
#us #uk #world #fashion #showbiz #celebrity #lifestyle #top #news