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Mexico's forex market reflects very pessimistic outlook: finance minister

Reuters

MEXICO CITY (Reuters) - Mexico's finance minister Jose Antonio Meade said on Thursday that the country's exchange rate reflected a very dim investment outlook, a day after the peso currency <MXN=D2> hit another historic low against the dollar.

"The exchange rate today reflects a very pessimistic outlook on our ability to attract investment," Meade said at an event in Mexico City.

The peso, which has depreciated amid fears over U.S. President-elect Donald Trump's policies toward Mexico, broke the 22 peso per dollar mark for the first time on Wednesday.

(Reporting by Michael O'Boyle)

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