Mexican peso surges, defying risks; investors hesitant to bet against it.

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Mexican Peso Is So Strong Investors Fear Betting Against It

Investors are pushing the world’s most expensive currency to ever more dizzying heights, shrugging off the risks from interest-rate cuts, divisive elections and analyst warnings.

Mexico’s peso is the world’s… pic.twitter.com/PlXWTs4St0

— Tracy (𝒞𝒽𝒾 ) (@chigrl) March 15, 2024

See also Euro gold hits record €2,599.9, defying dollar; fiat inflation accelerates.

See also Gold remains the top hedge against inflation and geopolitical instability since 1973. It has risen about 8% annually.

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