The Mexican peso broke past 18 to the dollar for the first time since December, following Banxico's surprise rate cut and rising inflation, with traders attributing the move to internal factors and geopolitical risks.

<p>The peso slid past 18 per dollar Friday for the first time since December, as Banxico's interest rate cut combined with rising inflation, an unexpected trade deficit and Middle East tensions to rattle markets.</p> <p>The post <a href="https://mexiconewsdaily.com/business/mexican-peso-dollar-18-iran-war-rate-cut/">Peso breaks past 18 to the dollar after Banxico&#8217;s surprise rate cut</a> appeared first on <a href="https://mexiconewsdaily.com">Mexico News Daily</a></p> <p><span style="font-w...