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  2. Stocks slump, dollar soars as Trump tariffs trigger trade war ...

    www.aol.com/news/stocks-slump-dollar-soars-trump...

    The U.S. currency climbed as much as 2.8% to 21.2547 Mexican pesos, the highest since March 2022, and rose as much as 1.4% to C$1.4755, a level not seen since 2003.

  3. Mexican peso crisis - Wikipedia

    en.wikipedia.org/wiki/Mexican_peso_crisis

    USD/MXN exchange rate Mexico inflation rate 1970-2022. The Mexican peso crisis was a currency crisis sparked by the Mexican government's sudden devaluation of the peso against the U.S. dollar in December 1994, which became one of the first international financial crises ignited by capital flight. [1]

  4. United States dollar - Wikipedia

    en.wikipedia.org/wiki/United_States_dollar

    Section 20 of the Act designates the United States dollar as the unit of currency of the United States: [14]: 250–1 [T]he money of account of the United States shall be expressed in dollars, or units...and that all accounts in the public offices and all proceedings in the courts of the United States shall be kept and had in conformity to this ...

  5. Trade-weighted US dollar index - Wikipedia

    en.wikipedia.org/wiki/Trade-weighted_US_dollar_index

    The trade-weighted US dollar index, also known as the broad index, is a measure of the value of the United States dollar relative to other world currencies. It is a trade weighted index that improves on the older U.S. Dollar Index by incorporating more currencies and yearly rebalancing.

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  7. Mexican leader stresses sovereignty, holds off on retaliatory ...

    www.aol.com/news/mexico-president-stresses...

    The peso briefly reduced its losses during Sheinbaum's much-anticipated remarks to reporters, although the currency later returned to earlier levels, performing the worst in a basket of global ...

  8. U.S. Dollar Index - Wikipedia

    en.wikipedia.org/wiki/U.S._Dollar_Index

    The U.S. Dollar Index (USDX, DXY, DX, or, informally, the "Dixie") is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies, [1] often referred to as a basket of U.S. trade partners' currencies. [2] The Index goes up when the U.S. dollar gains "strength" (value) when compared to other ...

  9. Mexico president makes deal with Trump to pause tariffs for a ...

    www.aol.com/news/mexico-president-announces-deal...

    President Trump and Mexico President Claudia Sheinbaum announced Monday that they had agreed a one-month pause on the imposition of a 25% across-the-board tariff by the US in exchange for ...