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Trump Victory Pummels Mexican Peso, Stock ETFs

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Mexican stocks and country-specific exchange traded fund continued to retreat, following Donald Trump’s presidential election victory, with a quickly depreciating peso currency putting investors on edge. The iShares MSCI Mexico Capped ETF (NYSEArca: EWW), which holds broad range of companies in Mexico, declined 8.5% on Thursday while the benchmark Mexican Stock Exchange Mexican Bolsa IPC…

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