Why Is The Mexican Peso Dropping 2025. Peso recovers after touching weakest level in over two years; The mexican peso slumped to its lowest level against the us dollar in more than a year on wednesday, as markets continue to react to the june 2 election results and the likelihood of congress.
The currency registered a weekly loss as markets await details of mexico’s. The mexican currency has dropped about 11% in value against the dollar since late may, especially after.
