Tag: bitcoin interest mexico

Mexican Peso Weakens, Google Searches for Bitcoin Rise

Earlier this week, the Mexican peso rapidly declined in value to record lows, despite the efforts of the central bank of Mexico (Banxico) to prevent the devaluation of its national currency. Local publication El Economista confirmed that Banxico auctioned off US$4 billion dollars among Asian banks but the price of peso continued to plunge. Both overseas and local investors firmly believe the Mexican peso will struggle to recover. In January …
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