Mexico central bank sells $1 billion to prop peso after Trump slump: traders

Mexico central bank sells $1 billion to prop peso after Trump slump: traders
05-Jan-2017 10:48 BUSINESSNEWS

MEXICO CITY (Reuters) - Mexico's central bank sold dollars in Mexico and New York on Thursday to fight off the peso's nose dive to record lows amid fears U.S. President-elect Donald Trump's protectionist policies could further hammer Latin America's second biggest economy.