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The super peso is back — and it’s starting to hurt
Source: The Globe and Mail
Currency & FXMonetary Policy
The article notes that expectations at the start of 2025 were for Mexico’s peso to weaken toward 21 per U.S. dollar, by both Mexico’s central bank and Wall Street. No actual outcome or new policy/data is provided in the excerpt, so the information is framed as an unmet or surprising expectation rather than a quantified move.
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