Mexican president gives vote of confidence to U.S. dollar

Mexican President Andres Manuel Lopez Obrador said on Monday that Mexico would continue to regard the U.S. dollar as the world's most important currency.

"We are going to continue considering the dollar as the world's principal currency. We have sufficient reasons to not move to other currencies," Lopez Obrador said in a regular press conference when asked if it would be a good idea to diversify Mexico's foreign reserves to buffer against a weakening dollar.