According to the New York Times, the world currency that has gained the most since Donald J. Trump’s inauguration as president is the Mexican peso.
1. How much has the peso gained since the day that President Trump was inaugurated?
2. How much did the peso plunge on the day that President Trump was elected?
3. What are some of the explanations for this roller coaster ride in currency?
Sommer, J. (2017). The New Currency Champ Lives South of the Border. The New York Times, March 25 (Retrievable online at https://www.nytimes.com/2017/03/25/your-money/peso-emerging-markets-donald-trump.html)