Mexican Peso Declines as U.S. Manufacturing Activity Drops

Key Entities

• •
  Federal Reserve Organization

  The U.S. central bank that sets interest rates and monetary policy.

• •
  Mexican Peso Concept

  The currency of Mexico, sensitive to U.S. economic performance due to trade relations.

• •
  U.S. Manufacturing Sector Concept

  A key component of the U.S. economy that influences currency values and trade dynamics.

• •
  NAFTA Law

  The North American Free Trade Agreement, facilitating trade between the U.S., Canada, and Mexico.

• •
  USMCA Law

  The United States-Mexico-Canada Agreement, the successor to NAFTA, aimed at modernizing trade relations.