Mexico Peso Jumps as Lewd Video Puts Trump Campaign on Defensive
- Peso is world’s best performing currency since first debate
- Mexico’s foreign-exchange rate seen as election barometer
Why Mexico's Peso Sums up Trump's Weekend Perfectly
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The Mexican peso posted the biggest gain among major currencies after Hillary Clinton and Donald Trump exchanged barbs in the second U.S. presidential debate following the emergence of a 2005 video on which the Republican candidate speaks crudely about women.
The peso jumped 2.2 percent to a one-month high of 18.8853 per dollar as of 1:17 p.m. in New York, helping push the country’s benchmark stock index to the world’s biggest gains as well. Trump dismissed his vulgar comments as “locker room talk” and attacked Clinton over her e-mail use and tax plan, while the Democrat candidate highlighted her career in public service and said her opponent was unfit to be president.