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02 Oct 2026 · 23:08 GMT+3

Mexican Peso rebounds but carry trade exodus still bites

The Mexican Peso (MXN) recovers some ground versus the US Dollar (USD) on Friday, gaining 0.5%, but it remains poised to end the week with a 3% loss as investors exit the 'carry trade' amid a narrowing of the interest rate differential between the US and Mexico to its lowest level since 2015.

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