World
2023.02.08 04:01 GMT+8

Experts say Mexican peso may lose solid gains in 2023

Updated 2023.02.08 04:01 GMT+8
Alasdair Baverstock

As the U.S. dollar remains strong compared to other global currencies, America’s southern neighbor is also seeing its currency strengthen. 

Indeed, Mexico’s peso has made gains against the ‘greenback’ for over a year. 

Still, there are concerns the peso may struggle to maintain its strength going forward, hinging not only on the health of the Mexican economy, but on that of the U.S. as well. 

Alasdair Baverstock reports.

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