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13 Aug 2026 · 00:34 GMT+3
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Mexican Peso rallies to two-year high as soft CPI hits Fed bets

The Mexican Peso (MXN) appreciates on Wednesday against the US Dollar (USD) to levels last seen in May 2024 following a decline in US inflation, as markets expected, softer-than-expected, which trims bets of a rate hike by the Federal Reserve (Fed) in its next meeting.

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