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

Reuters

Updated: 31-10-2018 00:22 IST | Created: 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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Andrés Manuel López ObradorAndrés Manuel López ObradorSilver CityInternational airportParty CityBank of MexicoMexico City International AirportWorld NewsVice President of the United StatesMexico CityReuters NewsNew International Airport for Mexico CityNew MexicoMexico StatePresident of MexicoMasterChef MéxicoPresident of the United StatesMexicoCapital cityPresident

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