Mexico’s Peso Falls Most in a Year, Sparks $200 Million Sale

Mexico’s peso tumbled the most in more than a year, prompting the central bank to sell $200 million to help stabilize the currency.

The peso fell 1.8 percent to 15.4726 per dollar, the biggest drop on a closing basis since August 2013, joining a slide of global counterparts. The Mexican currency is now at its lowest level in six years, approaching the record of 15.5892 reached in March 2009.