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In his new book, In the Midst of Chaos and Discord. The Genesis of the First Mexican Cent of 1841, numismatist and author Pablo Luna Herrera explores the history of the forgotten 1841 Mexican cent.
The Mexican peso shows high liquidity for three reasons. First, it offers relatively high interest rates that encourage the currency market's high-volume carry trade.
The Mexican peso weakened to about 20 per U.S. dollar on Thursday, reaffirming its swift fall from grace after investors dumped carry trades amid concerns about political upheaval in the U.S.’s ...