No Relief in Sight for the Mexican Peso Says Top Forecaster

  • Economic slowdown in China to weigh on most-traded EM currency
  • Rise of protectionism may hit peso, Barclays’ Jaime says

The best forecaster of the Mexican peso expects it to weaken at least 8 percent more this year as China’s growth slows and the U.K.’s vote to leave the European Union weighs on appetite for riskier assets.

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