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Mexico's Lopez Obrador says peso currency 'slipped,' will recover


Reuters
Updated: 31-10-2018 00:22 IST
Mexican President-elect Andres Manuel Lopez Obrador said on Tuesday that the peso currency "slipped" following his announcement that a partially-built new Mexico City airport will be canceled once he takes office.

Lopez Obrador, who will assume the presidency at the start of December, said in a recorded video message that the peso will recover and that it did not suffer a "devaluation." (Reporting by Mexico City Newsroom)

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


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