Mexican Peso Tumbles After Trump Press Conference

(@ChaudhryMAli88)

Mexican peso tumbles after Trump press conference

MEXICO CITY, (APP - UrduPoint / Pakistan Point News - 11th Jan, 2017 ) : Mexico's peso hit a new low on Wednesday after US President-elect Donald Trump vowed to make the country pay for a huge border wall and to tax companies that ship jobs abroad.

The Mexican Currency shed 0.9 percent, trading at 22.20 pesos per Dollar after hitting a historic low 22 pesos per greenback on Tuesday, according to private bank Citibanamex.