Fundamental: Tesla Factory Buzz Helps Drive Mexican Peso Near Five-Year High

The Mexican peso is on a tear and, now, even Elon Musk is on its side. The currency rose to its strongest in nearly five years after Tesla Inc.'s decision to build an assembly plant in the northern part of the country. Even before the deal the peso was soaring, its 7.8% gain versus the greenback this year has beaten the 15 other major currencies tracked by ...     Alert Mar 2, 2023, 2:57am Fundamental: Tesla Factory Buzz Helps Drive Mexican Peso Near Five-Year High The Mexican peso is on a tear and, now, even Elon Musk is on its side. The currency rose to its strongest in nearly five years after Tesla Inc.'s decision to build an assembly plant in the northern part of the country. Even before the deal the peso was soaring, its 7.8% gain versus the greenback this year has beaten the 15 other major currencies tracked by ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support