The Mexican Peso has devalued 23.5% in the last 12 months, breaking 16.00/USD for the first time in history today...
This is the fastest collapse in the currency since Lehman.
Charts: Bloomberg
The Mexican Peso has devalued 23.5% in the last 12 months, breaking 16.00/USD for the first time in history today...
This is the fastest collapse in the currency since Lehman.
Charts: Bloomberg
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/10959
[3] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/07/20150720_mxn.jpg