The Mexican currency is rapidly approaching the minimum level that was recorded in mid-2022, showing a downward trend for the fourth day in a row. The reason for this decrease was Trump's imposition of new duties of 25% on Mexican imports. These changes had a significant impact not only on the currency, but also on the country's stock market, which has lost almost 5% over the past two weeks. However, despite this decline, the performance of the Mexican market remains 3% higher than the values observed before Trump's election to the presidency. The peculiarity of the Mexican economy lies in its close dependence on foreign trade, with about 80% of exported goods going to the United States. In response to the tightening of trade conditions, Mexican President Claudia Sheinbaum is expected to speak, and she intends to present her position at a morning press conference in the capital. In European trading, the peso fell 0.9%, reaching 20.87 per dollar. The level of volatility remains at its highest levels over the past month, which highlights the instability of the foreign exchange market. Compared to April last year, the drop was 22%.
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