Want to Know How Trump’s Doing? Just Look at Mexico’s Peso
As Trump's campaign rises, the Mexican pesos value lowers. The pesos drop in value has reflected investors fears that the US and Mexican relationship will be ruined if Trump is elected president. The peso is down 12 percent, while nearly a year ago one dollar equaled 16.5 pesos. Now a dollar is worth 19. 6 pesos. There are other factors that are affecting Mexico's economy, including that their manufacturing rate is down, and the price of oil still remains low.
http://blog.loveadorned.com During the 1940′s in Mexico, the peso dropped so far in value that artisans began melting them down to create jewelry that was worth more than the coins themselves. In the 1950′s and 60′s, motorcycle gangs from the U.S. would travel down to border cities like Tijuana to acquire these rings, which were so heavy that they could put one on every finger for a legal set of brass knuckles.